08:48 AM EST, 03/04/2025 (MT Newswires) -- Lightspeed Commerce ( LSPD ) said Tuesday that the US District Court for the Eastern District of New York fully dismissed the securities class action lawsuit against the company and its executives.

The company said the lawsuit, originating from a short-seller report by Spruce Point Capital Management in 2021, was found to lack merit, with the court ruling that the plaintiff failed to present any actionable claims.