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Overstock.com Celebrates Receipt of SEC Subpoena.

Publication: PR Newswire
Publication Date: 09-MAY-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SALT LAKE CITY, May 9 /PRNewswire-FirstCall/ -- Overstock.com(R) announced that today it received a subpoena from the Securities and Exchange Commission concerning issues and requesting information outlined below.

Overstock.com Chairman and CEO Patrick Byrne said, "I may be the first CEO in history to celebrate receiving an SEC subpoena. Some of the requests suggest the whispering of the blackguards, but I remain unconcerned about their hokum. In truth, I am gratified to see that the SEC is looking into the...

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