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.

    • Buffalox@lemmy.worldEnglish
      0·
      1 year 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.

  • sauerkraus@lemmy.worldEnglish
    1·
    1 year ago

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

  • soyagi@yiffit.netEnglish
    1·
    1 year ago

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