Coindesk Logo

Ripple Has Mixed Success in Motion to Dismiss Lawsuit Alleging Securities Fraud

Ripple Has Mixed Success in Motion to Dismiss Lawsuit Alleging Securities Fraud

Ripple Has Mixed Success in Motion to Dismiss Lawsuit Alleging Securities Fraud

The judge threw out some of the claims in the lawsuit but the case can continue based on others relating to allegedly misleading statements by CEO Brad Garlinghouse.

The judge threw out some of the claims in the lawsuit but the case can continue based on others relating to allegedly misleading statements by CEO Brad Garlinghouse.

The judge threw out some of the claims in the lawsuit but the case can continue based on others relating to allegedly misleading statements by CEO Brad Garlinghouse.

AccessTimeIconOct 6, 2020, 10:25 AM
Updated Sep 14, 2021, 10:04 AM
Ripple CEO Brad Garlinghouse

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.