Filed under: Management, Scandals

When Overstock.com, Inc. (NASDAQ: OSTK) COO Jason Lindsey resigned, questions immediately emerged, given the state of upheaval that the company is in.

Well, compelling evidence has now emerged suggesting that Mr. Lindsey was not honest about the time of his resignation. In an 8-K filed with the SEC on January 2, Overstock reported that, “On December 31, 2007, Mr. Jason C. Lindsey resigned, effective immediately from his positions as President, Chief Operating Officer (principal operating officer) and a member of the Board of Directors of Overstock.com, Inc.”

But in a declaration dated January 12, part of Overstock’s lawsuit against Gradient Analytics and Rocker Partners, Lindsey swore under penalty of perjury that he “served as Overstock’s President from April 2006 until January 2nd, 2008.”

Continue reading When did Overstock.com’s COO really resign?

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This entry was posted on Saturday, January 19th, 2008 at 9:48 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.