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Overstock.com Case 4/15/2008

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Lawsuit Overview

Company
Overstock.com
Security
NASDAQ: OSTK

Case Name
Overstock.com Case 4/15/2008
Type of Lawsuit
Shareholder Class Action
Court of Filing
California Marin County Superior Court

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Summary

<p>On Tuesday Gradient Analytics Inc.’s has filed a lawsuit in California Marin County Superior Court against online retailer Overstock.com accusing the company of starting a smear campaign against Gradient and its executives. The plaintiffs claim that Overstock.com Chief Executive Officer Patrick Byrne made incendiary remarks about the analytics firm after Gradient published negative reports.</p>