Overstock Must Pay Del. $7.3M For Unreported Card Balances

By Jeff Montgomery (July 10, 2019, 9:03 PM EDT) -- Online retailer Overstock.com faces a triple damages sanction of nearly $7.27 million for concealing abandoned gift card balances from Delaware's revenue agency, with a ruling still to come on $3.5 million in attorney fees and expenses, according to a final order made public Wednesday....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!