Overstock.com Investor Sues Company, Others Over ICO Misrepresentations

(April 10, 2018, 2:01 PM EDT) -- SALT LAKE CITY — A shareholder of online retailer Overstock.com Inc. sued the company and two of its senior executives in Utah federal court on April 6, alleging that the defendants concealed the impact of a Securities and Exchange Commission investigation into its proposed initial coin offering (ICO) of digital currency in violation of federal securities laws (Shaham Mahabadi v. Overstock.com Inc., No. 18-0290, D. Utah)....

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