Potential Securities Fraud: Levi & Korsinsky Investigates Skillz Inc. (SKLZ)

New York, New York--(Newsfile Corp. - September 11, 2025) - Levi & Korsinsky notifies investors that it has commenced an investigation of Skillz Inc. ("Skillz Inc.") (NYSE: SKLZ) concerning possible violations of federal securities laws.

Skillz disclosed in a filing with the U.S. Securities and Exchange Commission on September 2, 2025, that Tether Studios and its affiliate Tether Games (together, "Tether") plan to terminate all agreements with Skillz, effective September 1, 2025. Under the agreements, Skillz has licensed its software to Tether for use in monetizing Tether's games. In return, both companies share the revenue from user entry fees. After receiving the notice, Skillz filed a lawsuit on September 1, 2025, seeking to block Tether's termination of their agreements. Skillz is also disputing Tether's reasons for ending the deal.

Following this news, Skillz's stock price fell over 17% on September 3, 2025. To obtain additional information, go to:

https://zlk.com/pslra-1/skillz-inc-lawsuit-submission-form?prid=166742&wire=5&utm_campaign=38

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266087