Verizon Settles Trademark Domain Name Case
Monday, February 8th, 2010
Communications company settles lawsuit over typosquatting.
Verizon has reached a tentative settlement with 2Cool Guys, LLC, Warren Weitzman, and Arnold Trebach over alleged trademark infringement from domain name typos.
The communications company filed the complaint in October, alleging that the defendants parked typos of its popular Verizon trademark in order to earn pay-per-click revenue. The terms of the settlement have not been disclosed, but two of the three domain names in question have been transferred to Verizon as of this morning. Verizon was asking for $100,000 per domain name plus fees and recovery of pay-per-click revenue earned.
Typo domain names involved in the case included varizon.com, vierzon.com, and virazon.com.
Verizon has frequently sued entities that allegedly register and monetize typos of its trademarks. In 2008 it won a default judgment of $33 million in one such case. However, Verizon happens to be one of the biggest typosquatters in the world itself.