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Overstock Fires Auditor Over Accounting Dispute; Files 10-Q Anyway

in News on November 17, 2009 at 12:30 pm PT

Seriously, Overstock.com has to provide more entertainment value per dollar of market cap than any company in America. Consider yesterday’s developments at the online retailer. The company disclosed in both a press release and an 8-K filing with the SEC that it has fired Grant Thornton as its auditor. Grant Thornton had become the company’s auditor in March, replacing Price Waterhouse.