Gradient Fires Back At Overstock With Libel Suit

Law360, New York (April 15, 2008, 12:00 AM EDT) -- Gradient Analytics Inc.'s latest offensive in its ongoing battle with online retailer Overstock.com is a libel suit, filed in a California court, that accuses the company of starting a smear campaign against Gradient and its executives.

The suit, filed Tuesday in Marin County Superior Court, claims that Overstock Chief Executive Officer Patrick Byrne made incendiary remarks about the analytics firm after Gradient published negative reports about Overstock.

Gradient claims that Byrne libeled the company in interviews with the media and on analyst calls that took place...
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