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Overstock Securities Lawsuit: Utah Court Tosses Class-Action Claims

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

A Utah federal district court judge has dismissed with prejudice a class-action lawsuit against online retailer Overstock and two former executives alleging securities law violations. It was the case’s second such action, and the dismissal with prejudice bars the plaintiffs from any further litigation. Lead plaintiff The Mangrove Partners Master Fund filed the class-action lawsuit…

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