Wall-Street.com blasted for its attempt to hijack WallStreet.com domain name.
A three person World Intellectual Property Organization panel has found Wall-Street.com, LLC guilty of reverse domain name hijacking over the domain name WallStreet.com.
Wall-Street.com based much of its UDRP case against WallStreet.com on some relatively recent transfers of the domain name, which it said were new registrations. However, it turns out the domain name has essentially been held by the same party since 2001.
From the outset, any attempt to get a descriptive, seven figure domain name like WallStreet.com through UDRP reeks of reverse domain name hijacking.
But in this case it’s particularly bad. After filing the UDRP, Wall-Street.com emailed the owners of WallStreet.com with this message:
“It was a joint decision to file the UDRP on behalf of Wall-Street.com. The reason for the filing is simple, we needed to accelerate the process of coming to a settlement on how we can work together on the Wall Street Package.”
In other words, we’re going to bully you to the table.
That’s certainly not using the UDRP in good faith.
wallstreet.com owner should sue them or at least gives them a lesson like Rick Schwartz gave that Columbian idiot for saveme.com.
I am stunned. It’s hard to believe someone could behave in such an impudent manner – and do it up front and open. Would that all a$$holes were so stupid.
I own http://www.wallstreetandmainstreet.com It’s just a parked page now, but I plan to develop it in the future. So it’s great information to know about this hijacking scam for somone like me who owns a similar dot-com domain name.
too right adam. they should go straight to the courts on that one. blatant “hijackers” need to be taught a lesson, and this is the perfect domain to send a strong message to all others.
Appalling Conduct!
I agree with Adam and Rob here. This should be taken all the way. It’s so ridiculously blatant that it should go straight to the courts.
Clear hijacking. Hopefully the domain community can get behind cases like this and raise some awareness of this problem!