NEW YORK, April 20, 2018 -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the District of Utah on behalf of investors who purchased Overstock.com, Inc. ("Overstock") (NASDAQ:OSTK) securities between August 3, 2017 and March 26, 2018.
Click here to learn about the case: http://www.wongesq.com/pslra-c/overstock-com-inc?wire=3. There is no cost or obligation to you.
According to the complaint, throughout the Class Period, the Company issued materially false and misleading statements and/or failed to disclose that: (1) Overstock's coin offering was problematic and potentially illegal; and (2) the company's Medici business was hemorrhaging money. When the true details entered the market, the lawsuit claims that investors suffered damages. On March 1, 2018, Overstock revealed that the Securities and Exchange Commission ("SEC") had requested information about its initial coin offering. Then, on March 15, 2018, Overstock announced that "the investigation could result in a delay of the tZero security token offering, negative publicity for tZero or us, and may have a material adverse effect on us or on the current and future business ventures of tZero." Overstock also said that the SEC was examining the advisers at tZero.
If you suffered a loss in Overstock you have until May 29, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-c/overstock-com-inc?wire=3.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: [email protected]


Boeing Reports Major Supply Chain Quality Improvements After Spirit AeroSystems Deal
Novartis’ Vanrafia Shows Strong Phase 3 Results in IgA Nephropathy, Paving Way for Full Approval
Instagram CEO Defends Platform in Youth Mental Health Lawsuit Over Social Media Addiction Claims
ANZ Shares Hit Record High After Strong Q1 Profit and Cost-Cutting Gains
Xiaomi EV Deliveries Surpass 600,000 Units as SU7 and YU7 Drive Strong Growth
Vale Reports $3.8 Billion Q4 Net Loss Amid Nickel Asset Impairment and Samarco Provisions
Bank of America CEO Brian Moynihan’s 2025 Compensation Rises 17% to $41 Million Amid Strong Profit Growth
AbbVie Sues HHS Over Medicare Price Controls on Botox Under Inflation Reduction Act
Bain Capital Secures RBI Approval to Acquire Up to 41.7% Stake in Manappuram Finance
Spirit Airlines Seeks Court Approval to Auction 20 Airbus A320/A321 Aircraft Amid Bankruptcy
FTC Questions Apple News Over Alleged Bias Against Conservative Media
Westpac (ASX: WBC) Q1 Profit Rises 6% as Lending Growth and Treasury Income Strengthen Earnings
Valero Energy Expands Venezuelan Crude Imports as U.S. Sanctions Ease
Paramount Skydance Appoints Rene Augustine as SVP of Global Public Policy Amid Warner Bros Takeover Battle
Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App
Converse Cuts Corporate Jobs as Nike Restructures to Revive Sales Growth 



