The court said Yahoo was protected under a 1996 federal law that gives broad immunity to service providers to encourage the open exchange of material on the Internet by its users. The court’s ruling left open the possibility that Yahoo may be liable for promising to remove the offending materials and information. The plaintiff claimed that a Yahoo official promised to immediately remove the photos when a local TV station was preparing a report, but failed to carry out the promise.

Source: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/05/11/financial/f131829D98.DTL

Overstock filed suit against Gradient in 2005 and alleged that the company had conspired with a partner to write negative research reports and drive down the price of its stock.

Gradient released the following statement concerning research reports it previously published about Overstock: “Having reviewed all SEC filings, relevant accounting literature, and all other information available to it, Gradient now believes that, to the best of its knowledge, Overstock’s stated accounting policies did in fact conform with Generally Accepted Accounting Principles (GAAP) and regrets any prior statements to the contrary.”

The terms of the settlement are confidential.

Sources: http://investors.overstock.com/phoenix.zhtml?c=131091&p=irol-newsArticle&ID=1208782&highlight=

http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSN1346384320081013

Allegheny County Judge R. Stanton Wettick Jr. ruled that he did not have juridisdiction in the case and that it should be brought in Florida, where the website originates. 

Sources: http://www.miamiherald.com/103/story/68618.html , http://www.law.com/jsp/article.jsp?id=1176122648557