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10th Circ. Won't Reboot Short Sellers' Suit Against Overstock

By Katryna Perera ( October 15, 2024, 9:42 PM EDT) -- In a decision dealing with matters of first impression, the Tenth Circuit on Tuesday declined to revive a hedge fund's proposed class action accusing Overstock.com Inc. and its leadership of manipulating the market when it said it would pay shareholders using cryptocurrency but abandoned the plan to force short sellers into a "squeeze."...

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