Court Tosses Out Short-Sellers’ Lawsuit Targeting Overstock’s ‘Digital Dividend’: Author – CFR

Reported By: CryptoFundReport.com

Cointelegraph – The lawsuit, accusing Overstock of market manipulation through its security token airdrop, has been turfed by a federal judge.  A Utah federal judge has tossed out a lawsuit that accused Overstock ($OSTK) of market manipulation by distributing a ‘digital dividend’ of security tokens to shareholders and repeatedly revising retail earnings guidance upward to punish short-sellers.

Read More

Be the first to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.