AT A GLANCE:
Individuals nationwide who used Kalshi's website or mobile application to place money on event-based predictions, including sports, political events, or other real-world outcomes, and experienced financial losses.
Attorneys are investigating allegations that Kalshi operated an illegal gambling enterprise by allowing users to wager money on the outcomes of future events through its prediction market platform.
Consumers who lost money using Kalshi may have legal rights. Depending on the circumstances, eligible users may be able to pursue claims to recover financial losses associated with the platform's alleged illegal gambling activities.
Kalshi is an online prediction market platform that allows users to put money on the outcomes of future events, including sports games, elections, economic developments, and other real-world events.
Although Kalshi presents its platform as a financial trading marketplace, attorneys are investigating allegations that certain transactions offered through the website and app constitute illegal gambling. Users can purchase contracts tied to whether a particular event will happen, with the potential to win or lose money depending on the outcome.
The investigation focuses on whether Kalshi operated an illegal gambling enterprise and whether consumers suffered financial losses as a result. If you used Kalshi to place event-based predictions or contracts, you may qualify to participate in a legal claim.
If you qualify, you can bring a claim through arbitration—a legal process similar to court but often faster and more streamlined. Our legal partners will handle the process on your behalf.
Correct. These are individual arbitration claims, not a class action or traditional lawsuit. It’s a common way to hold companies accountable when they’ve violated privacy or consumer protection laws.
There are no upfront costs to you. Legal fees are only collected if your case is won or settled. If there is no recovery, you will not be responsible for any fees or costs.
We work with a number of established and respected law firms across the United States, all of whom work to secure compensation for people like you who may have had their privacy rights violated. This campaign is sponsored by Saad & Andrews, PC.
This is a legal advertisement sponsored by Saad & Andrews, PC located at 6207 Cottage Hill Rd. Suite G, Mobile, AL 36609.
Legal Disclaimer:
This is a legal advertisement sponsored by Saad & Andrews, PC, a law firm. Scout Marketing is acting on behalf of Saad & Andrews. Any information you submit will be collected for this firm and shared with them to evaluate your claim. It will not be sold or shared with third parties for marketing purposes.
No Guarantee of Compensation:
Submitting your information does not guarantee compensation or representation. Any potential claim must be reviewed and accepted by Saad & Andrews, PC. Compensation, if any, is not guaranteed and is contingent upon the outcome of the matter.
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