Verisign Being Sued for $100M Over Typo Redirection Service

[RJ]

Popular Enterprises LLC, the parent company of Netster.com, has filed a $100m lawsuit against Versign to stop their massive typosquatting campaign they launched earlier this week! They are citing unfair business practices and an abuse of the authority granted to Verisign to act as registry.

PE's Press Release
http://newsroom.eworldwire.com/view_release.php?id=1716

Forbes News Story

http://www.forbes.com/work/newswire/2003/09/18/rtr1086035.html

This should be interesting to see play out!

 

[pelican]

Who will be getting the money if the Verisign loses the lawsuit.

Anyway, dont really care as long as Verisign loses.