The United States District Court for the Middle District of Florida has dismissed all remaining claims in a legacy litigation matter involving SEGG Media Corp. The court's action, following an order dated January 28, 2026, grants the company's renewed motion to dismiss for lack of subject matter jurisdiction. This procedural determination means the federal court concluded it did not have the authority to hear the remaining state-law claims, which were not decided on their substantive merits.
This dismissal represents the final resolution of the lawsuit styled Lottery.com, Inc. f/k/a Autolotto, Inc., et al. v. John J. Brier, Jr., et al. The court declined to exercise supplemental jurisdiction over the state-law counterclaims, overruled all objections to the magistrate judge's findings, and directed the case to be closed. This outcome follows the prior dismissal of all federal claims in the same action. For investors and stakeholders, the complete closure of this litigation removes a significant legal uncertainty that had been pending. The company's announcement can be viewed in the full press release at https://ibn.fm/ST6wx.
The resolution allows SEGG Media Corp., which trades on NASDAQ under the tickers SEGG and LTRYW, to allocate resources and executive attention entirely toward its business operations. The company operates a global sports, entertainment and gaming group with a portfolio of digital assets including Sports.com, Concerts.com, TicketStub.com and Lottery.com. Its strategic focus is on immersive fan engagement, ethical gaming, and AI-driven live experiences. More information about the company is available at https://www.SEGGMediaCorp.com.
For the investment community, the dismissal of legacy litigation is often viewed positively as it eliminates potential financial liabilities, legal costs, and management distractions. It provides clearer visibility into the company's future financial performance and strategic execution. The news and updates relating to SEGG are available in the company's newsroom at http://ibn.fm/SEGG. The broader industry implication is that resolving such legal matters can improve a company's market perception and investor confidence, potentially impacting its valuation and ability to pursue growth initiatives without the shadow of unresolved legal disputes.
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