New Class Action Suit Filed Against Full Tilt Poker

Resolute plaintiffs try again after previous case was dismissed Class action civil suit filed against Full Tilt Poker (FTP) entities in a Las Vegas Federal Court is seeking a court order for the defendants to refund funds and pay punitive damages. It follows another case dismissed by a U.S. District Judge earlier this year, filed by the same plaintiffs - poker players Steve Segal, Nick Hammer, Robin Hougdahl, and Todd Terry. Naming FTP directors Howard Lederer and Chris Ferguson, the suit now addresses the "Ponzi Scheme" allegation made by Black Friday's lead prosecutor Preet Bharara of the US Attorney's Office for New York in April 2011. The plaintiffs' latest court documentation states that Lederer and Ferguson ''exercised unlawful dominion and control'' over players' funds in Full Tilt accounts, so that Full Tilt players had been wrongfully denied access to their funds. The same documents highlight that Lederer and Ferguson received some $42 million and another $85 million in distribution and profit sharing payments, and others received by Full Tilt Poker owners which came from intermingled accounts that contained player funds. Both Full Tilt and its executives face three more Federal Court civil suits which legal representatives of other dissatisfied parties filed in addition to this latest one.