New York special master orders KKR and Shamrock to submit FanDuel records
Regulation · SectorWire deskSource published
Summary
A New York special master ordered KKR and Shamrock Capital to submit select privileged communications for confidential in camera review in a lawsuit brought by FanDuel co-founder Nigel Eccles and more than 100 co-plaintiffs. Special Master Alan Scheinkman's 33-page order limits the review to FanDuel's pre-sale valuation, the firms' drag-along rights and the founders' expected payout. The order stops short of ruling that the defendants breached fiduciary duties under Scots law.
Why it matters
The discovery order could expose KKR and Shamrock's internal valuation and drag-along records, raising disclosure risk for private equity owners in gaming buyouts.
Last close USD 80.09 on 23 October 2026. USD 77.38 on the story date (19 October 2026). Range USD 74.26 to 100.70, axis not from zero. Delayed end-of-day data, not live. Not investment advice.
Cite as: SectorWire, “New York special master orders KKR and Shamrock to submit FanDuel records”, 19 October 2026, https://sectorwire.news/item/new-york-special-master-orders-kkr-and-shamrock-to-submit-fanduel-reco/
Key facts
- Parties
- FanDuel, KKR, Shamrock Capital, Flutter, Paddy Power Betfair
- Shares
- Flutterdown 2.0%1DLatest close · change from previous closeNYSE: FLUT · · end-of-day, delayed