Novig Prediction Market Investigation
Lost Money on Novig? You May Have Legal Rights
AT A GLANCE:
AT A GLANCE:
WHO?
People nationwide who used Novig to make sports predictions or trade sports-related contracts and lost money.
WHAT?
Attorneys are investigating Ludlow Exchange, LLC, the company that operates Novig, over allegations that its sports prediction platform may constitute unlawful gambling.
WHY DOES IT MATTER?
People who lost money using Novig may have legal rights and could potentially be entitled to compensation for qualifying losses.
What's Going On?
Novig operates a sports prediction market that allows users to deposit money and take positions on the outcomes of sporting events, including game winners, spreads, player performances, and other sports outcomes.
Although Novig describes these transactions as prediction-market “trades” or “contracts,” attorneys are investigating whether users are effectively wagering money on uncertain sporting outcomes and whether the platform may violate applicable gambling and consumer-protection laws.
The investigation is also examining whether people who lost money through Novig may be able to recover some or all of their qualifying losses.
FAQs
What can I do?
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.
So, this isn’t a lawsuit?
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.
What does this cost?
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.
Who am I signing up with?
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 Bryson Harris Suciu & DeMay PLLC.
Take Action Before It's Too Late!
This is a legal advertisement sponsored by Bryson Harris Suciu & DeMay PLLC, with locations at 900 W. Morgan St. Raleigh, NC27603; 19800 MacArthur Boulevard, Ste 270, Irvine, CA 92612; and 201 Sevilla, 2nd Fl, Coral Gables, FL 33134.
Legal Disclaimer:
This is a legal advertisement sponsored by Bryson Harris Suciu & DeMay PLLC ("Bryson"), a law firm. Scout Marketing is acting on behalf of Bryson, and any information you submit is collected for Bryson and will be 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 Bryson Harris Suciu & DeMay, PLLC. Compensation, if any, is not guaranteed and is contingent upon the outcome of the matter.
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