Wayfair Facing Class Action Over Alleged IPO Omission
By Aebra Coe ( September 3, 2015, 11:57 AM EDT) -- An investor struck private equity-backed Wayfair Inc. with a proposed class action Wednesday in New York federal court just three days after the home goods retailer's stock tumbled following a searing report claiming the company failed to tell investors in its $319 million initial public offering that Overstock.com Inc. is a competitor....
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