Domain company working toward settlement over trademark lawsuit.
Above.com is currently in settlement talks with Verizon over a lawsuit brought by Verizon in February, according to court records.
Verizon filed the suit against Above.com, parent company Trellian, and some of its key employees back in February. It also served the company during DOMAINfest.
The complaint alleges that the defendants use a number of false identities to traffic in trademark-infringing domain names. It alleges the company has registered, used and/or provided Above.com privacy service to at least 183 domains including Verizon’s trademarks, including VerizWireless.com, ActivateVerizon.net, and loginvzw.com.
The defendants were granted an extension until May 8 to respond to the suit. But all parties asked the court to extend the deadline to May 23 in order to work toward settlement:
good cause exists for granting the requested extension of time, specifically, that Verizon and Trellian are engaging in settlement discussions, and the requested continuance will allow Verizon and Trellian to continue moving towards settlement
Stay tuned to Domain Name Wire for updates.