Man pleas guilty to gambling money from $1.5M embezzlement scheme [Yahoo! Finance]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance
Wilkes-Barre resident Lawrence Malachefski faces up to 20 years in prison, a $250,000 fine, and a term of supervised release for allegedly embezzling hundreds of thousands of dollars in his role as a financial controller. According to court documents, Malachefski oversaw a staff of other financial professionals as the financial controller and was trusted to independently initiate money transfers between the HVAC company's bank accounts. Fire tears through Schuylkill County apartment building From March 21, 2023, to May 18, 2023, investigators say Malachefski embezzled $1,586,557.45 from the HVAC company's accounts to his personal account. Once in his personal account, officials say Malachefski gambled the money on various gambling sites such as FanDuel, Barstool Sports, DraftKings, and Unibet. Investigators did not say what happened to the money Malachefski gambled on these sites; however, according to the Mandatory Restitution Act of 1996, the court must order full restitu
Show less
Read more
Impact Snapshot
Event Time:
DKNG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DKNG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DKNG alerts
High impacting DraftKings Inc. - Class A news events
Weekly update
A roundup of the hottest topics
DKNG
News
- NBA, sportsbooks discussing changes to prop bets after Jontay Porter's ban: report [FOX News]FOX News
- 9 places to retire where you can go back to college practically free [Yahoo! Finance]Yahoo! Finance
- DraftKings CEO expands upon customer retention, revenue growth [Yahoo! Finance Canada]Yahoo! Finance Canada
- DraftKings CEO expands upon customer retention, revenue growth [Yahoo! Finance]Yahoo! Finance
- DraftKings Inc. (NASDAQ: DKNG) had its price target raised by analysts at Benchmark Co. from $50.00 to $52.00. They now have a "buy" rating on the stock.MarketBeat
DKNG
Earnings
- 5/2/24 - Beat
DKNG
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 3
- DKNG's page on the SEC website