Defamation, Libel and Slander 

Overstock.com, an online retail company, reached an agreement this week with Arizona-based stock analyzer Gradient Analytics Inc., writes The Recorder. The libel suit was filed in 2005 by Salt Lake City-based Overstock.com after Gradient gave the company a rating of "F" for its investment fitness level. Overstock.com claims Gradient conspired to drive the stock price down with this announcement, and subsequently profit by selling the shares short. Details of the recent settlement have not been made public. Gradient stated they have reviewed Overstock.com's SEC and accounting filings and repealed its prior assessment of the company.

Hedge fund Copper River Management is also named as a defendant in the suit, but was not included in the recent settlement.

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