Robbins Geller Rudman & Dowd LLP Announces Upcoming Lead Plaintiff Deadline in the Skillz Inc. f/k/a Flying Eagle Acquisition Corp. Class Action Lawsuit

Robbins Geller Rudman & Dowd LLP announces that purchasers of Skillz Inc. f/k/a Flying Eagle Acquisition Corp. (NYSE:SKLZ) securities between December 16, 2020 and April 19, 2021 (the “Class Period”) have until July 7, 2021 to seek appointment as lead plaintiff in the Skillz class action lawsuit, Jedrzejczyk v. Skillz Inc. f/k/a Flying Eagle Acquisition Corp., No. 21-cv-03450 (N.D. Cal.), which is assigned to Judge Richard G. Seeborg.

The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Skillz securities during the Class Period to seek appointment as lead plaintiff in the Skillz class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Skillz class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Skillz class action lawsuit. An investor’s ability to share in any potential future recovery of the Skillz action lawsuit is not dependent upon serving as lead plaintiff. If you wish to serve as lead plaintiff of the Skillz class action lawsuit or have questions concerning your rights regarding the Skillz class action lawsuit, please provide your information here or contact counsel, J.C. Sanchez of Robbins Geller, at 800/449-4900 or 619/231-1058 or via e-mail at [e-mail]. Lead plaintiff motions for the Skillz class action lawsuit must be filed with the court no later than July 7, 2021.

Skillz provides a proprietary gaming platform for mobile gaming users and developers. Skillz connects players worldwide by hosting fee-based competitive eSports games on its platform. Flying Eagle Acquisition Corp. (“FEAC”) was formed as a special purpose acquisition company, or SPAC, in early January 2020 by its sponsor Eagle Equity Partners II, LLC, led and controlled by defendant Harry Sloan. Within eight months, FEAC and Sloan secured $158 million in private placement commitments in connection with a business combination between FEAC and its target – Skillz. FEAC and Skillz finalized their merger, valuing Skillz at $3.5 billion, on December 16, 2020.