Short seller accused Overstock of using “digital dividend” to manipulate the market, court dismissed the lawsuit
A federal judge in Utah has dismissed a lawsuit accusing Overstock ($OSTK) of manipulating the market by distributing “digital dividends” in security tokens to shareholders and repeatedly revising retail earnings guidelines that punish short sellers. U.S. District Judge Dale Kimball approved two motions on September 28 to dismiss the lawsuit and ruled that the digital […] More