DraftKings Alleges Former Exec Stole Company Info While At Fanatics CEO’s Home

DraftKings claims to have “a mountain of evidence” outlining former exec Michael Hermalyn’s theft of confidential information dating from a conversation about a role at Fanatics.A new court filing by DraftKings hopes to prove that former senior executive Michael Hermalyn did in fact steal confidential information from his former employer before bolting to rival Fanatics just days before Super Bowl LVIII.

The allegations are steep. DraftKings claims to have “a mountain of evidence” outlining Hermalyn’s theft of confidential information dating from a conversation about a role at Fanatics on Jan. 11 and when he departed from DK on Feb. 1. Some of this information includes customer lists, marketing strategies, and details of compensation which DraftKings asserts to everything Hermalyn would need to clone the VIP team he led at DK for his new employer.

DraftKings hopes that an attempt to poach DK employees will connect all the dots against Hermalyn. The suit suggests that “the day after he departed from DK, he solicited two valuable DK employees on the VIP team - from the home of Fanatics’ CEO - one of whom applied for a job at Fanatics during their phone call.”

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