Yesterday Overstock OSTK (NASDAQ) considered by many as one of the most problematic companies on the NASDAQ announced that co-founder, president and chief operating officer Jason Lindsey resigned and left the company's board of directors. The reasons supplied for his decision might be viewed with some skepticism. Overstock remains a company of interest to the SEC particularly statements made by its CEO, Patrick Byrne. Byrne is often cited in the media but rarely for good reasons.
To get a possible read on why Lindsey left check out Zac Bissonnette's piece today on BloggingStocks.
For more:
Barron's blog
WallStreet 24/7
Wired Blog
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