Sports Entertainment Acquisition Corp

Robbins LLP served as co-lead counsel for the class of Sports Entertainment Acquisition Corp. stockholders who were entitled to redeem their shares of stock in connection with the Company's merger with Legacy Super Group. Shareholders sued for breach of fiduciary duty noting the Proxy's patently unattainable financial projections, at least in part due to the slowing growth in sports revenue due to stricter gambling regulations.  In litigating this matter, Robbins LLP was able to secure $12 million for the class.

Newman v. Sports Entertainment Acquisition Holdings LLC, et al., No. 2023-0538-LWW (Del. Ch. Sept. 15, 2025).

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