CALGARY, Sept. 30, 2011 /CNW/ - "Our class action issued with the courts
today asserts that tens of millions of dollars is owed to Canadian
online poker players with real money accounts at Full Tilt Poker", said
Tony Merchant, Q.C. on behalf of Merchant Law Group LLP. "Our firm has
already received complaints from more than 150 people who were online
poker players. Many of these individuals held thousands of dollars in
their players' account prior to their accounts being frozen in June,
Full Tilt players with real money accounts could previously make
deposits and withdrawals against their player's account in a manner
similar to other online credit or bank accounts. But since June, Full
Tilt has refused to release any money to Full Tilt players.
This class action has been launched one day after gambling regulators on the British Channel Island of Alderney revoked Full Tilt's online
gambling license used to operate its online card rooms worldwide. The
executive director of the Alderney Gambling Control Commission has
reportedly said Full Tilt had severe financial problems including
unauthorized loans, accounting difficulties, and a failure to report
significant material events.
Merchant Law Group LLP has launched this class action litigation on
behalf of all real money account holders at Full Tilt Poker. News
reports internationally estimate the total value of Full Tilt players
accounts is between one hundred and fifty million dollars
($150,000,000) and three hundred and ninety million dollars
Merchant Law Group LLP is a nationally prominent law firm in many areas
of the law including class actions, with offices in Montreal, Toronto,
St. Catharines, Ottawa, Winnipeg, Regina, Saskatoon, Moose Jaw,
Edmonton, Calgary, Vancouver, and Victoria.
SOURCE Merchant Law Group
For further information:
E. F. Anthony Merchant, Q.C.
email@example.com (a copy of the Statement of Claim is available on request)