Overstock.com, Inc. (OSTK) Loss Submission Form

The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Overstock.com, Inc. (NASDAQ: OSTK) who purchased shares between August 3, 2017 and March 26, 2018. The action, which was filed in the United States District Court for the District of Utah, alleges that the Company violated federal securities laws.

In particular, the OSTK lawsuit alleges that (1) Overstock's coin offering was problematic and potentially illegal; and (2) the company's Medici business was hemorrhaging money. When the true details entered the market, the lawsuit claims that investors suffered damages. On March 1, 2018, Overstock revealed that the Securities and Exchange Commission ("SEC") had requested information about its initial coin offering. Then, on March 15, 2018, Overstock announced that "the investigation could result in a delay of the tZero security token offering, negative publicity for tZero or us, and may have a material adverse effect on us or on the current and future business ventures of tZero." Overstock also said that the SEC was examining the advisers at tZero.

Shareholders have until May 29, 2018 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.

Please fill out the form to learn more

Keep Me Informed

There is no cost or obligation. This submission does not create an attorney-client relationship. If we believe that you might be an appropriate lead plaintiff, we will contact you to discuss whether to establish an attorney-client relationship.

I am ready to join the action

This letter confirms that you have retained The Klein Law Firm to represent you as a named plaintiff in a shareholder action involving Overstock.com, Inc.

We agree to advance all expenses in the litigation, which means that you are not liable to pay any of the expenses of the lawsuit, whether attorneys' fees or costs. Regardless of the result, we will never ask you to directly pay for any attorneys' fees or costs. Should we obtain a favorable result, we may ask the court to award us compensation to be paid by the defendants or as a portion of any class benefit, but, again, we will never ask you to directly pay any of the costs of this litigation.

As the client you are entitled to direct the litigation in any way you deem proper, and may at any time order us to dismiss the case or opt-out. Should you choose to do so, we will never ask you to reimburse us directly for any legal fees or expenses. During the course of this litigation, we may employ and/or work with other law firms to prosecute your case.

We look forward to representing you and other Overstock.com, Inc. shareholders.

Sincerely,

The Klein Law Firm

Joseph Klein

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