As referenced in Adam Warner's daily options report, Herb Greenberg wrote an article About my subpoena where he discusses his subpoena from the SEC concerning Overstock.com Inc (OSTK).
I found this article interesting because the SEC is actively involved investigating Overstock's CEO Patrick Byrne's allegations.
From a separate article published in the Wall Street Journal SEC Probes Overstock's Claim Of Stock-Market Manipulation (subscription required) the SEC appears to have decided not to seek production of any documents at this time.
The subpoena, dated Feb. 7, seeks emails, phone records and other materials provided by employees of Gradient or Rocker to Carol S. Remond, a columnist for Dow Jones Newswires, or Herb Greenberg, a columnist for MarketWatch, an online financial publication owned by Dow Jones. Both Ms. Remond and Mr. Greenberg have written about Overstock.com. In a column published yesterday, Mr. Greenberg said he doesn't plan to be "bullied into changing the way I do anything."
"We were served with the subpoenas and we have served objections in response. It's our understanding that the SEC has decided not to seek production of any documents from Dow Jones at this time," said Amy Wolfcale, a spokeswoman for Dow Jones. "The SEC may come back in the future."
Both articles are worth reading.
Free Herb! Kind of absurd a judge let it get that far.
Lol, this whole saga is absurd. But it does provide some good entertainment.