Overstock.com (OSTK) Dismisses Grant Thorton as Public Accounting Firm

November 23, 2009 5:28 PM EST

On November 13, 2009, the Audit Committee of the Board of Directors of Overstock.com, Inc. (NASDAQ: OSTK) dismissed Grant Thornton LLP as the Company’s independent registered public accounting firm prior to Grant Thornton completing its review of the financial statements for the three and nine-month periods ended September 30, 2009.

Grant Thornton was engaged as the Company’s independent registered public accounting firm on March 23, 2009, and consequently Grant Thornton had not performed an audit or issued a report on the Company’s financial statements.

The decision to dismiss Grant Thornton was approved by the Audit Committee of the Company’s Board of Directors.


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