Responding to lawsuits is expensive.
I keep preaching about how providing whois privacy services isn’t free for domain registrars, and here’s another example.
Timothy Sykes has just sued Moniker (pdf) in federal district court to find out the identity of the owner of PennyStockAlerts.com, which is protected by whois privacy. Skyes is only after the identify of the owner, not Moniker itself. But the company will have to respond. That costs money.
Skyes wants the identity because of alleged defamation.
He says that the registrant for the domain uses the alias “Stock Psycho”, but after an “exhaustive investigation”, that person’s true identity is unknown.
A little tip for Sykes’ lawyer: if you look at the historical whois records for the domain from last year I think you’ll figure out who owns it. And you might check out a little research tool called Google. It’s amazing what you can turn up.