Overstock Inc.: Difference between revisions
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[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> | 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> In November 2010, Overstock.com amended its lawsuit against Goldman Sachs adding an accusation of racketeering. The trial on the case is scheduled on December 2011 before a jury.<ref> | ||
[http://www.benzinga.com/news/11/03/930498/patrick-byrne-amends-suit-against-goldman-sachs-to-include-charges-of-racketeering Patrick Byrne Amends Suit Against Goldman Sachs To Include Charges of Racketeering}</ref> | |||
==References== | ==References== | ||