The long-running TelexFree class-action has been denied class certification.

The April 8th decision is a massive stumbling block in the case, originally filed back in October 2014.

Plaintiff Anthony Cellucci sought to establish a class, consisting of

all persons that made a payment to TelexFree and suffered a [n]et loss … defined as placing more funds into TelexFree than the total fund withdrawn from TelexFree.

In denying class certification, the court examined issues with jurisdiction, and determination of damages (particularly with respect to separating net-winners from victims).

On April 22nd, Cellucci filed for a stay on proceedings, pending the outcome of a then yet to be filed appeal.

As at time of publication, the court has yet to rule on Cellucci’s request for a stay.