Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Overstock.com, Inc.
October 02 2019 - 5:40PM
Business Wire
Federman & Sherwood announces that on September 27, 2019, a
class action lawsuit was filed in the United States District Court
for the District of Utah against Overstock.com, Inc. (NASDAQ:
OSTK). The complaint alleges violations of federal securities laws,
Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and
Rule 10b-5, including allegations of issuing a series of material
or false misrepresentations to the market which had the effect of
artificially inflating the market price during the Class Period,
which is May 9, 2019 through September 23, 2019.
To learn how to participate in this action, please visit
https://www.federmanlaw.com/blog/federman-sherwood-announces-the-filing-of-a-securities-class-action-lawsuit-against-overstock-com-inc/
Plaintiff seeks to recover damages on behalf of all
Overstock.com, Inc. shareholders who purchased common stock during
the Class Period and are therefore a member of the Class as
described above. You may move the Court no later than Tuesday,
November 26, 2019 to serve as a lead plaintiff for the entire
Class. However, in order to do so, you must meet certain legal
requirements pursuant to the Private Securities Litigation Reform
Act of 1995.
If you wish to discuss this action, obtain further information
and participate in this or any other securities litigation, or
should you have any questions or concerns regarding this notice or
preservation of your rights, please contact:
Robin Hester FEDERMAN & SHERWOOD 10205 North Pennsylvania
Avenue Oklahoma City, OK 73120 Email to: rkh@federmanlaw.com Or,
visit the firm’s website at www.federmanlaw.com
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version on businesswire.com: https://www.businesswire.com/news/home/20191002005856/en/
Robin Hester FEDERMAN & SHERWOOD rkh@federmanlaw.com
www.federmanlaw.com
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