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Evidence Forces Judge to Reverse Dismissal Order in Overstock Case - Vimarsana News

Evidence Forces Judge to Reverse Dismissal Order in Overstock Case

Last Updated: 08 January 2021 Overstock appears to be gearing for another legal bout with its investors as a recent favorable ruling has been walked back. Earlier this week, Judge Dale Kimball of a federal court in Utah reversed a previous ruling to dismiss a class-action lawsuit against the online retailer over its digital dividend issuance. Overstock Still on the Hook According to his ruling, Judge Kimball will now grant the plaintiff’s amended consolidated complaint to move forward. The entire suit originates from Overstock’s digital dividend initiative, which th...