Evolution Seeks to Reveal the Identity of Rival Who Alleged Misconduct

Back in 2021, an anonymous company submitted a report in which it alleged that live specialist Evolution had been involved in misconduct and had operated its products in prohibited jurisdictions. Years later, the former company’s identity might finally be revealed, should Evolution’s lawsuit succeed.

For reference, Evolution denied the original claims, slamming them as defamatory. Despite that, the company experienced significant losses because of the report as shareholders reacted sharply.

Claiming that the report sought to sabotage its business, Evolution launched a lawsuit against Calcagni & Kanefsky, a law firm that had represented its anonymous competitor and the competitor itself. As part of the lawsuit, Evolution requested the identity of its rival to be revealed.

Eventually, the New Jersey Division of Gaming Enforcement (NJDGE) concluded that Evolution had violated no rules. This was also echoed in the results of the company’s internal review which saw it carefully examine its business.

Evolution May Be Emboldened by the Result of the Probe

Calcagni & Kanefsky tried to challenge Evolution’s lawsuit but had little success. As a result, the court ordered the identity of the law firm’s client to be disclosed. However, Calcagni & Kanefsky was able to appeal this decision to the Appellate Court, which eventually referred the case to the trial court.

The Appellate Court added that the results of the NJDGE investigation might also be a factor. As mentioned, the New Jersey regulator did not find evidence of misconduct and closed its probe into Evolution’s business.

While there is no certainty that the outcome of the lawsuit will be affected by the results of the NJDGE probe, Evolution seems to be intent on striking back. In addition to attempting to publicly unmask its competitors, Evolution is also seeking damages and attorney fees, Next.io reported.

Considering Evolution’s leading position in the world of live casino content and the fact that the lawsuit has been running for over two years, it is possible that all parties involved are in for a pricey lawsuit.

In the meantime, Evolution has to deal with another lawsuit, as Pomerantz, a law firm specializing in securities litigation, announced the filing of a class action, alleging that the company had engaged in unlawful business practices.