California Judge Ruling Sends Ripple Lawsuit to Trial

Thursday, 20 June 2024, 21:28
A California judge makes a significant decision in the Ripple securities lawsuit, breaking with a New York counterpart. While dismissing most class action claims against Ripple, the judge allows one state law claim to proceed to trial. This ruling presents a unique legal divergence between the two states, shaping the future of the case.
CoinDesk
California Judge Ruling Sends Ripple Lawsuit to Trial

California Judge Sends Ripple Lawsuit to Trial

A California judge has made a crucial decision in the Ripple securities lawsuit, diverging from the ruling of a New York counterpart. The judge dismissed most class action claims against Ripple but allowed one state law claim to proceed to trial, indicating a significant legal development.

Legal Divergence Between States

The ruling highlights a notable contrast between the legal perspectives in California and New York, setting the stage for further legal proceedings that could impact the outcome of the case.

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