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.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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