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Overstock Files to Dismiss 'Meritless' Fraud Lawsuit Over Its Digital Dividend

Overstock Files to Dismiss 'Meritless' Fraud Lawsuit Over Its Digital Dividend

Overstock Files to Dismiss 'Meritless' Fraud Lawsuit Over Its Digital Dividend

The e-commerce firm is hoping to persuade a judge in the Utah District Court to throw out a class-action securities fraud lawsuit relating to the firm's security token dividend and its effect on short sellers.

The e-commerce firm is hoping to persuade a judge in the Utah District Court to throw out a class-action securities fraud lawsuit relating to the firm's security token dividend and its effect on short sellers.

The e-commerce firm is hoping to persuade a judge in the Utah District Court to throw out a class-action securities fraud lawsuit relating to the firm's security token dividend and its effect on short sellers.

AccessTimeIconMay 14, 2020, 9:10 AM
Updated Sep 14, 2021, 8:41 AM
Former Overstock CEO Patrick Byrne (Credit: CoinDesk archives)

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