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Court tosses out short-sellers’ lawsuit targeting Overstock’s 'digital dividend'

U.S. district judge Dale Kimball granted two motions to dismiss the suit on September 28, finding that the digital dividend did not manipulate the market, and that the revised earnings statements were protected by the Private Securities Litigation Reform Act. In his judgement Kimball said:

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Coronavirus-induced ‘reshoring’ is not happening

Warren Buffett-backed Chinese car maker announces strong demand for its new luxury electric sedan