January 07, 2021
A Utah federal judge on Wednesday vacated his September dismissal of a putative class action against online retailer Overstock.com, saying it was a "mistake" that he "overlooked" a footnote in the investors' opposition seeking permission to file an amended complaint if the court dismissed the suit.
September 29, 2020
A Utah federal judge on Monday said home goods online retailer Overstock.com didn't manipulate the market, nixing a putative class action that alleged the e-commerce retailer lied about its future finances and issued digital token dividends to punish short sellers.
May 13, 2020
Overstock.com has urged a Utah federal judge to toss a proposed class action accusing the e-commerce site of lying about its financial prospects and scheming to issue digital token dividends intended to punish short sellers, arguing that the shareholders fail to state a claim.
November 27, 2019
After Overstock.com was hit with a host of complaints over its actions around the launch of its new cryptocurrency project tZERO, seven parties have filed motions to be named lead plaintiff, with Cohen Milstein Sellers & Toll PLLC, Levi & Korsinsky LLP and Pomerantz LLP among the firms vying for lead counsel.
September 30, 2019
Internet retailer Overstock.com was hit with a proposed class action in Utah federal court Friday by an investor claiming that in the tumultuous months after the company launched a cryptocurrency trading platform, the "erratic" CEO and his top financial deputy manipulated the markets and ultimately knocked half the price off its shares.