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Players file new class action lawsuit against Full Tilt Poker
A group of poker players have filed a class action lawsuit on behalf of players who have still to receive their money from Full Tilt Poker. The lawsuit targets Chris Ferguson and Howard Lederer and is the second of its kind to be filed by the group.
Full Tilt Poker directors Chris "Jesus" Ferguson and Howard Lederer have been hit with a class action lawsuit from four poker players, who filed the suit on behalf of all players who still have money frozen in Full Tilt Poker accounts.

Filed in a Nevada court by the four players' attorney yesterday, the lawsuit alleges that Ferguson and Lederer "exercised unlawful dominion and control" over players' funds in Full Tilt Poker accounts.

According to Vegas Inc, the lawsuit further claims that U.S. players have been wrongfully denied access to $150 million partly because of Lederer and Ferguson's management of the site.

Furthermore, Lederer is alleged to have received $42 million in distributions and profit sharing payments, while Ferguson received $85 million, some of which may have been paid out as loans from the company.

"Additionally, defendants approved distributions and loans to the other owners of Full Tilt Poker from funds directly traceable to the player accounts," the lawsuit states.

"The distributions and loans to Lederer, Ferguson and the other Full Tilt Poker owners were from intermingled funds containing money from the player accounts," it adds.

The players behind the lawsuit are Steve Segal, Nick Hammer, Robin Hougdahl and Todd Terry.

The four players are the same who filed another class-action lawsuit against Full Tilt last year, alleging racketeering, bank fraud, wire fraud and money laundering of player funds.

The lawsuit was filed in New York, but was later dismissed by a Federal judge who found that the court did not have jurisdiction to pursue the case against the Full Tilt Poker defendants.
Posted by sani23
Poker.org News Editor
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3824
12322112211
1 year ago
What took so damn long for this case?
2047
2313
1 year ago
Wow i hope it goes thru maybe i`ll get my money they stoled from me
372
2
1 year ago
'The lawsuit was filed in New York, but was later dismissed by a Federal judge who found that the court did not have jurisdiction to pursue the case against the Full Tilt Poker defendants.'

Just a real joke...
During this time, cold accounts FPT get interests, which will be used to pay the additional legal expenses for the transfer of jurisdiction…

And the players wait.
632
1 year ago
Who exactly are you blaming, though? The previous owners or the new ones?
2192
11
1 year ago
Full Tilt Poker directors Chris "Jesus" Ferguson and Howard Lederer have been hit with a class action lawsuit from four poker players, who filed the suit on behalf of all players who still have money frozen in Full Tilt Poker accounts.
I opoligize for a comment I made on a Daniel Negranu post a while ago (didn`t know if he was blaming the right guys),if these guys were paid this money they are friggin crooks and knew all along what was going on,hard to believe but looks true to me now learning of this...fines and jail time should incure!
1187
3
1 year ago
Well I knew it should take a long time to get this fix and finally done with this case.
542
1122111
1 year ago
I just hope , that in future all that problems will be fixed , players will receive their money , don,t have any funds in fulltilt , but i really can understand the feelings of those , who have something there.
1076
22131
1 year ago
Someone told me some minutes ago that FT will be back on 30 april... im not sure about this information but maybe it is truth, i cant say nothing else about it
926
332
1 year ago
This is the never ending story
More and more problems piled FultilPoker room.

This are but more stones to make it more difficult and take longer to start d enuevo of this poker room
257
1 year ago
Shouldnt have been shut dow to begain with
257
1 year ago
Laurent Tapie has recently been appointed the director and secretary of a new Irish registered company: New Full Tilt Limited.
The company was originally incorporated on February 14, 2012. In March, Laurent Tapie and Prosper Jerémy Masquelier were appointed the sole directors of the business.
New Full Tilt Limited is categorized as “software consultancy and supply” firm with a Dublin registered address.
Groupe Bernard Tapie has been in exclusive talks to buy the troubled Full Tilt for eight months.
Although there has been little real news from those close to the deal, recently there has been more signs of life: There has been the recent operating license application of a Full Tilt subsidiary and news that Pocket Kings is once again hiring. This latest news of a €1m investment into a company with the Full Tilt brand is certainly the biggest indication so far that talks are making progress.
Alongside Laurent and father Bernard, Prosper Jerémy Masquelier is the third co-founder of the International Stadium Poker Tour (ISPT) and Chief Executive Officer as well as a poker television producer in France.
Sharp-eyed posters on the 2+2 poker forums also found newly registered companies in Malta with the FT name. Full Tilt Holding Ltd and New Full Tilt Ltd were incorporated on the 11 April, 2011 in the city of Tas-Sliema.
Update 18 Apr: More information regarding Maltese companies added.
http://pokerfuse.com/news/poker-room-news/new-full-tilt-limited-tapie-funds-new-irish-company/?utm_source=Pokerfuse+Weekly+Newsletter&utm_campaign=3819dca6f5-newsletter_4_19_124_20_2012&utm_medium=email