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Stuart Wolff trial postponed to 2010

Defense claims key documents and records were altered

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The retrial of Stuart Wolff, former founder, chairman and chief executive officer, has been postponed until next year as prosecutors investigate allegations by his defense team that evidence in the case was modified or destroyed by Homestore's accounting firm. Wolff's lawyers say the government's case against him turns on allegations that "Wolff and others engaged in a conspiracy to actively conceal financial records and information" from accounting firm PricewaterhouseCoopers. But in an Oct. 23 motion, Wolff's defense team claims a review of recently produced documents and electronic records in the case reveals "irrefutable proof" that internal work papers documenting auditing work PricewaterhouseCoopers performed for Homestore (now Move Inc.) were altered after the fact. Other evidence in the case documenting communications between or within the two companies is missing or has been destroyed, Wolff's attorneys said. A PricewaterhouseCoo...