Overstock Inc.: Difference between revisions
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In 2008, Rocker Partners & Gradients Analytics settled their legal dispute with Overstock.com out of court. Rocker paid Overstock.com $5 million for damages while Gradient Analytics settlement with the company was undisclosed. Gradient issued a statement of regret and reverted its research reports about Overstock.com.<ref> | In 2008, Rocker Partners & Gradients Analytics settled their legal dispute with Overstock.com out of court. Rocker paid Overstock.com $5 million for damages while Gradient Analytics settlement with the company was undisclosed. Gradient issued a statement of regret and reverted its research reports about Overstock.com.<ref> | ||
[http://www.investigatethesec.com/drupal-5.5/?q=node/916 Rocker Settles on Lawsuit, Pays Overstock.com $5 Million]</ref> | [http://www.investigatethesec.com/drupal-5.5/?q=node/916 Rocker Settles on Lawsuit, Pays Overstock.com $5 Million]</ref> | ||
In 2007, Overstock.com filed a $3.48 billion lawsuit against Wall Street Companies Goldman Sachs Group Inc., Morgan Stanley and other brokers alleging that the companies illegally manipulated the stock market by practicing 'naked short selling," causing Overstock.com's share prices to drop.<ref>[http://www.deseretnews.com/article/660192260/Overstock-sues-brokers.html Overstock Sues Brokers]</ref> | |||
==References== | ==References== | ||