A U.S. judge on Tuesday dismissed a lawsuit in which the founder of WallStreetBets, which helped ignite investors' fascination with "meme" stocks, accused Reddit of wrongly banning him from moderating the community and usurping his trademark rights.

A U.S. judge on Tuesday dismissed a lawsuit in which the founder of WallStreetBets, which helped ignite investors’ fascination with “meme” stocks, accused Reddit of wrongly banning him from moderating the community and usurping his trademark rights.

  • db2English
    41·
    2 years ago

    Dismissed =/= reddit won anything

    • Buffalox@lemmy.worldEnglish
      10·
      2 years ago

      Yes it does, when the court dismisses a case, it’s equivalent to the case failing in that court. Reddit won by default.

      It’s actually the clearest victory you can get, as the court deems there are absolutely no grounds for the case against reddit.

      • db2English
        5·
        2 years ago

        That’s it it’s dismissed with prejudice.

  • soyagi@yiffit.netEnglish
    23·
    2 years ago

    For those interested, the case is Rogozinski v Reddit Inc, U.S. District Court, Northern District of California, No. 23-00686.

  • sauerkraus@lemmy.worldEnglish
    14·
    2 years ago

    Lmao I’m not surprised that a wallstreetbets mod thought a subreddit’s name is a trademark.

  • ikidd@lemmy.worldEnglish
    1·
    2 years ago

    I moderated the /r/amc sub that was utterly inundated with WSB dipshits that couldn’t read a sidebar to save their lives. Fuck everything about WSB and this asshat. Hopefully they get him to pay their legal expenses and maybe get to kick him in the nuts.