The plaintiff may now file an amended complaint against Overstock and former CEO Patrick Byrne.
Patrick Byrne and Overstock.com have prevailed over the digital dividend-doubting short sellers.
The online retailer has finally handed out its digital dividend to shareholders after delays hit last year's planned distribution.
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 blockchain-friendly online retailer is planning to distribute its long-delayed digital asset shareholder dividend on May 19.
The bitcoin-friendly retail company and the parent of security token marketplace tZERO says it was again subpoenaed by the Securities and Exchange Commission at the end of 2019.
An investor has launched a class action against Overstock and two former execs, claiming securities violations involving the firm's digital dividend.
Former Overstock CO Patrick Byrne dumped his 13% stake in the company he founded to buy cryptocurrency and gold as he prepares to battle his enemies.
Overstock.com’s interim CEO Jonathan Johnson, the president of its subsidiary Medici Ventures, plans to continue the company's blockchain work.
Overstock.com CEO Patrick Byrne has resigned from the company after admitting to an affair with Russian agent Maria Butina.
Overstock is opening up trading on its security token market, tZERO, to retail investors starting next week.
Overstock's CEO says he expects volumes on the recently launched tZERO platform to soar after the market opens to retail investors in August.
Overstock CEO Patrick Byrne electrified a crowd of institutional investors with his well-honed stump speech for blockchain's transformative potential.
Overstock's tZERO officially went live Thursday, allowing customers to begin trading the company's security token. Other digital assets will be added in future.
American retail giant Overstock.com's blockchain subsidiary is partnering with the Zambian government to build a blockchain land title registry.