McGlinchey in the News
Overstock.com Gets Crypto-Dividends Suit Tossed
Member and Co-Chair of the Government and Internal Investigations team Bob Driscoll (Washington, DC) is quoted in a Law360 article that details a client win in the firm’s representation of Patrick Byrne, founder and ex-CEO of Overstock.com, in a securities class action case involving allegations of market manipulation for dividends released in the form of cryptocurrency. Mr. Byrne was represented by Driscoll and Alfred Carry (Washington, DC).
Robert Driscoll of McGlinchey Stafford PLLC, an attorney for Byrne, told Law360 on Tuesday, “The federal securities laws do not serve as investment insurance and the court agreed, and we’re pleased with the court’s decision.”
Read the full article here (subscription required).