Hedge Funds

Rocker seeks to have Overstock case dismissed


David Rocker's New York-based short specialist Rocker Partners this week filed a court motion to dismiss the California suit filed against it by Overstock.com, which claims that Rocker and Gradient Analytics conspired to beat up the tech company's stock in 2003.

The 21-page filing included 25 exhibits and documents intended to show that Gradient Analytics had given Overstock.com a low rating in July 2003. Rocker's attorney Gavin J. Rooney of Lowenstein Sandler says Gradient Analytics' low rating of Overstock.com began a year before Rocker Partners began establishing its short position in the on-line retailer.

Overstock has until December 1 to