Overstock.com Securities Litigation (2019)

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Lawsuit Overview

Defendant:Overstock.com, Inc.
Date Filed:September 27th, 2019
Sector:Consumer Services
Industry:Catalog/Specialty Distribution
Class Start Date:May 9th, 2019
Class End Date:November 11th, 2019

According to the Complaint, Overstock.com is as an online retailer in the U.S. and internationally, operating through Retail and tZERO segments. Through its on-line Retail division, the Company offers furniture, home d├ęcor and other related products. Recently, the Company has also shifted its focus to include the development and commercialization of financial applications of blockchain technologies, through tZERO.

The Complaint alleges that during the Class Period, Defendants materially misrepresented and failed to disclose the conditions that were adversely affecting the Company. The Complaint further alleges that throughout the Class Period, it was not true that the Company's quarterly reports filed with the SEC were prepared in accordance with GAAP ad SEC rules.

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First Identified Complaint

Benjamin Ha, et al. v. Overstock.com, et al.

Date Filed:September 27th, 2019
Class Period Start:May 9th, 2019
Class Period End:November 11th, 2019
First Identified Complaint Filings
#Document TitleFiling Date