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Fri Feb 24 2006 08:21:25

Overstock - Gradient News

By: Ina Steiner

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Overstock sued Gradient Analytics Inc. last summer, and the Globe and Mail newspaper reports today that another company has sued Gradient Analytics: Biovail Corp. Gradient Analytics offers independent research to investors, and the lawsuits allege it is "little more than a rewrite shop for hedge funds." (link)

Meanwhile, a MarketWatch reporter complained today he has received a subpoena from the SEC "as part of its investigation into Gradient Analytics - a research outfit that has served and continues to serve as a valued source for this column." (link)




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