CircleID

Verizon Communications has issued a press release today stating: "The largest cybersquatting judgment ever has been upheld by a federal court in the Northern District of California. The court denied the motion of the defendant—OnlineNIC, an Internet domain registration company in San Francisco—to set aside a December 2008 judgment in which Verizon was awarded $33.15 million. The case is based on OnlineNIC's attempts to take advantage of Verizon and Verizon customers by using Internet names that are easily confused with legitimate Verizon names."

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Related topics: Cybersquatting, Domain Names, Law