‘WallStreetBets’ Creator’s UCL Suit Dismissed Due To Lack Of Trademark Rights

(July 12, 2023, 2:32 PM EDT) -- SAN FRANCISCO — A California federal judge on July 11 granted online forum host Reddit Inc.’s motion to dismiss a lawsuit filed against it by an investor and entrepreneur who claims that it violated California’s unfair competition law (UCL) and his trademark in part by banning him from the “WallStreetBets” forum on its platform, which he created, finding that he did not establish trademark rights and that Reddit was immune from his other claims as an online publisher....