Gradient's Countersuit V. Overstock Goes Forward

Law360, New York (July 10, 2008, 12:00 AM EDT) -- A California judge has ruled that Gradient Analytics Inc. can pursue its defamation counterclaims against Overstock.com in the online retailer's suit against it and a New York hedge fund, although Gradient must amend its charges against Overstock's chief executive, Patrick Byrne.

A Marin County Superior Court judge decided Wednesday to allow Gradient's charges of defamation, intentional interference and unfair business practices against Overstock to go forward over Overstock's objections, the financial analysis firm said Thursday.

A copy of the ruling was not immediately available.

Gradient has...
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