Mike Postle and VerStandig may have reached a settlement in the cheating scandal Postle is embroiled in. VerStandig has requested an extension to communicate the terms to all 88 plaintiffs he represents.
Mike Postle and Plaintiffs May Have Reached a Settlement
The saga between Mike Postle and 88 plaintiffs accusing him of cheating in low-stake live games has finally come closer to an end with an agreement between all affected parties now being hammered. If Postle cheated, though, still remains an unanswered question. After drawing the ire of the community, Postle faced a long list of accusations as well as a long list of accusers.
Yet, Mac VerStandig, the veteran gaming attorney who represents the plaintiffs, has managed to work out a deal. On August 5, VerStandig filed for an extension in the case, arguing that an agreement had been reached but that more time was needed to establish the terms.
To the broader public, though, those terms remain a mystery. The original complaint was first dismissed back in June by Judge William B. Shubb from the U.S. District Court in the Eastern District of California.
However, VerStandig didn’t give up on the case nor did he disappoint the people who had entrusted him with the case. Commenting on the most recent development, VerStandig had this to say:
“Counsel for the parties have reached an agreement as to the principal terms of a settlement of this case, but require additional time to finalize the settlement.”
VerStandig now has to communicate the terms of the settlement with each of the 88 plaintiffs individually and make sure that they understand, acknowledge and agree to the terms for the settlement to go through.
What Did Postle Do to Face Legal Action?
Postle is facing accusations of cheating in low-stake live games at the Stones Gambling Hall in the Sacramento area, a charge he was first acquitted not, but this didn’t stop VerStandig to seek the truth.
During his alleged cheating session, Postle won $300,000 in $1/$3 and $2/$5 no-limit hold’em games. The plaintiffs claimed that Postle had access to the hole cards, but so far, it has not been proven that Postle cheated.
A former Stone Hall employee, Veronica Brill, was the first to stir the spirits and levy accusations at Postle. Arguing her case, Brill said that it was statistically impossible for Postle to turn as many good hands as he had been during the “cheating session” for a want of a better word.
Even though Shubb ruled in favor of Postle at first, VerStandig said that he would not let the case go and he didn’t. Now, the plaintiffs have until September 11 to amend the complaint and bring this case closer to wrapping it up.
