"The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (i) that the Defendants had engineered the tZERO offering as revenge upon short sellers and tried to create a short squeeze by offering a digital token dividend that would not be registered and could not be resold for at least 6 months; and (ii) that there were substantial risks to this plan; (iii) that Overstock's incredibly high Directors & Officers insurance rates and other problems were causing the Company to miss earnings projections for the year."
Wasn't Number (i) fairly obvious, at least to us all here?
BTW, the deadline is to be a "lead plaintiff," which it sounds like does you individually no particular good.
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