Settlement Reached In Court Case Surrounding Mike Postle Poker Cheating Allegations
The plaintiffs in the court case surrounding the Mike Postle cheating allegations are very likely to be given a settlement, according to the most recent filing in the situation.
Veteran gaming lawyer Mac VerStandig, who’s representing the 88 plaintiffs, filed a third petition for a time extension for an amended complaint on August 5. From the filing, VerStandig says that a settlement was achieved, but the two sides require longer time to work out the particulars.
The initial complaint was thrown from the U.S. District Court in the Eastern District of California by Judge William B. Shubb at June.
“Counsel for the parties have reached an compliance as to the principal terms of a settlement of this case, but require additional time to finalize the settlement,” composed VerStandig from the filing.
VerStandig also noted that after all the instance isn’t a class action lawsuit, more time is needed. The attorney must communicate with all 88 plaintiffs individually and verify that they agree to the terms of the settlement.
Postle is accused of cheating in low-stakes live streamed poker games at Stones Gambling Hall in the Sacramento area. Based on his unorthodox play and consistent winning sessions that led to him winning upwards of $300,000 in mostly $1-$3 and $2-$5 no-limit hold’em games, many in the poker community believe he had access to the hole cards.
The accusations were originally brought to light by former Stones employee Veronica Brill last fall. Several high-stakes poker pros agreed with Brill’s accusations based on the statistical unlikelihood of Postle winning that a lot of money at those stakes coupled with his on-camera plays.
After Shubb dismissed the initial case two months ago, VerStandig tweeted that the case was not dead and he was going to go on to exhaust legal options before giving up. It seems likely that negotiations took place medially the two sides as VerStandig began drafting an amended complaint.
The filing gave the plaintiffs until September 11 to file the amended complaint. It’s likely terms of a settlement will be reached by that point. You can read the entire filing by clicking on the image down from.
Postle is still fighting a second legal battle in Nevada with poker pro and vlogger Marle Cordeiro.