About the investigation

Have you traded sports event contracts on Kalshi? You may have legal rights under state consumer protection laws. Zimmerman Reed is investigating potential claims related to Kalshi’s sports event contracts.

Kalshi allows users to buy and sell contracts tied to real-world events, including the outcomes of sporting events. Recent lawsuits allege these contracts constitute sports betting and must comply with state gambling and consumer protection laws. For example, a federal judge in Ohio recently ruled that Kalshi’s sports event contracts must adhere to state sports-betting laws.

This ruling reflects increasing scrutiny from regulators and courts regarding prediction market platforms that allow trading on sports outcomes.

Our firm is evaluating whether consumers who used Kalshi’s platform were provided clear and accurate information about the nature and regulatory status of these contracts and whether certain marketing or platform practices may have been misleading.

Who May Qualify

You may qualify if:

  • You placed trades on Kalshi tied to sporting events;
  • You experienced financial losses while using the platform;
  • You saw advertisements related to Kalshi sports event contracts; and
  • You live in one of the following states:
    • Alabama
    • California
    • Florida
    • Georgia
    • Michigan
    • Minnesota
    • New York
    • Texas
    • Utah

See If You Qualify to Submit a Claim

If you traded sports event contracts on Kalshi, you can fill out the free Claim Form to determine if you qualify.

Will This Cost Money?

There is no cost to get started and no cost if we don’t recover anything for you. Zimmerman Reed advances all filing and arbitration costs. We only receive a fee if we recover something for you. Whether to accept a settlement is always your decision.

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Why Choose Us?

Zimmerman Reed LLP has taken on and won tough cases against corporations across the country since 1983. In the arbitration context, our firm has helped tens of thousands of consumers and workers obtain millions in compensation from companies that have violated their rights.

Zimmerman Reed specializes in complex litigation and mass arbitration. The firm has recovered over $600 million in litigation against the country’s most formidable corporate defendants.

Together, we understand the frustration and disappointment that can result from deceptive marketing practices, and we are committed to helping you seek the compensation and justice you deserve.

What if I Have Questions?

Still not sure if this applies to you? Use the contact form and someone from our team will follow up shortly.

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