May 24, 2016
A New York federal judge on Tuesday chucked a proposed class action against online home goods retailer Wayfair that accused the private equity-backed company of failing to disclose in its $319 million initial public offering that Overstock.com was a competitor, saying it had no duty to reveal that fact.
November 16, 2015
An individual investor and his attorneys at The Rosen Law Firm PA will lead a suit alleging that private equity-backed retailer Wayfair failed to disclose Overstock.com as a competitor in its $319 million initial public offering and the aftermath, a New York federal judge said Friday.
November 03, 2015
An investor leading a proposed class action against private equity-backed Wayfair Inc. that blames a stock drop on the online retailer's alleged failure to list a key competitor when it registered for its initial public offering asked New York federal court Monday to combine the case with a similar complaint.
September 03, 2015
An investor struck private equity-backed Wayfair Inc. with a proposed class action Wednesday in New York federal court just three days after the home goods retailer's stock tumbled following a searing report claiming the company failed to tell investors in its $319 million initial public offering that Overstock.com Inc. is a competitor.