Company doesn’t want to provide accounting information to Verisign.
Web.com is fighting back against a Verisign request for more information about how the registrar accounted for .xyz domain name registrations.
Verisign is suing .XYZ for false advertising after .XYZ boasted about its registration volume — which Verisign alleges was inflated by a Network Solutions giveaway. Web.com owns Network Solutions, which gave away hundreds of thousands of .xyz domain names to its customers.
At issue appears to be an agreement by .XYZ to pay Network Solutions for advertising at the same time the registrar was giving away free .xyz domain names.