Class-Action Lawsuit against CAW et al.

[colt]

Class-Action Lawsuit against CAW - https://www.hbsslaw.com/sites/default/files/case-downloads/horse-betting-manipulation-class-action/2025-10-24-complaint.pdf

[Mickeycharles]

Everyone should read this and sign up!!

[Roman]

A class action against General Motors for defective engines, a company I work for, was just settled . The customers who bought a vehicle, got approx. $3000 . The lawyers got $53 million.

If Rezlegal is still around, I would like to know what he thinks about this class action suit.

At the very minimum , if it gets to the discovery process, that is what I am interested in. If it levels the playing field , I am all for it. If it is about the lawyers getting paid, and the bettors getting a $20 voucher, I do not like it.

[Silver Charm]

I dont think anybody is looking for a check. They want a fair market. People are sick of this Sh&& and Tracks attitudes towards them....

I believe it was the 9th Race at Keeneland yesterday and 1 was 9-1 on the Load. He paid 7/2. A friend of mine called Famous Trial Attorney John Morgan of Morgan and Morgan to engage for a Lawsuit. Expect other Litigation and I\'m not saying Morgan is working on it. That is TBD

[rezlegal]

Roman- have not carefully reviewed but it jumped out at me that the lawsuit was filed in the Eastern District of New York, home of NYRA and not Kentucky or California. It is brought by a real firm.As noted elsewhere, damages irrelevant.  Richard

[Boscar Obarra]

Im no fan of the CAW, but these incidents are often misunderstood or misreported.  

    If you looked at the exacta\'s 5 ! minutes to post , it was obvious this was no 10-1 shot .   This horse over the 5/2 favorite was only 29-1 .  The winning  exacta was already 45-1 long before the bell, and didn\'t drop AT ALL , even thought the horse was off at 7/2

    Why it\'s 10-1 on the win board, who knows.  

    And it went 9 then 7 then actually 9/2 , not 9-1 , before the gate sprung.  

    Still too late for most people to react to the betdown.

    And obviously , nothing to do with past posting or betting speed. Horse came from the back

[Fairmount1]

Rez,

The location means everything to me also.

Not b/c of NYRA but because of where criminal cases against horse racing, NBA\'s Porter and now Rozier/Billups were filed.   The Eastern District of NY.  They allege mail/wire fraud in their petition and say that their information is basically otherwise impossible to find out.  

So, I believe in part, the thought process was to draw the interest of the US Attorneys and FBI in the Eastern District of NY.  Especially since the location of the CAW\'s is not the United States.  

They should have considered Roberts Communication as a defendant.    

Whether civilly or criminally, every retail player wants to learn more about the entire picture.  Why can\'t we all receive special deals with up front money to some tracks before a meet starts by the CAW in exchange for (fill in the blank of what we learn of all their perks).  

IF NYRA announced tomorrow we are banning CAW\'s, I\'d start playing NYRA every day they run and year round if they were the only Non-CAW in town.  Almost like a federal criminal case involving several defendants where the first one to squeal/agrees to cooperate receives the lightest sentence,. . . the first track to bail on CAW\'s will end up with the best outcome potentially even if it is a track that isn\'t involved in this suit.  

Now I doubt any of them will do that b/c racing never does anything intelligent in the long term.  But if one of them did. .. . they might be a huge winner right away with retail dollars and long term escape from the death spiral associated with CAW\'s.  Yes, there would be a short term crunch but long term racing needs to escape the path it is on in the gambling pools.