Telepathy sued for reverse domain name hijacking in Parametric.com dispute.
Nat Cohen’s Telepathy has resolved a lawsuit it brought against Parametric Portfolio Associates, LLC for alleged reverse domain name hijacking.
Parametric filed a UDRP against Telepathy’s domain name Parametric.com last year. Rather than wait for a UDRP decision that cannot award financial penalties for reverse domain name hijacking, Telepathy to sued Parametric in U.S. District Court in Washington DC.
Telepathy alleged that Parametric engaged in reverse domain name hijacking and fraud and negligent misrepresentation.
A Notice of Dismissal (pdf) filed with the court today shows that Telepathy has dismissed the case without prejudice. Cohen told Domain Name Wire he is “pleased to have reached an amicable resolution to the litigation.”
Although terms of the agreement were not disclosed, Telepathy reached a $50,000 settlement with SDT International in a similar case in 2015.
Robert says
Lovely stuff!
You reap what you sow.
anonymous says
Awesome!!! Hopefully he ripped them a new a$$hole for trying to be parasites. Congrats!!
Darko says
For this I have just one word – awesome ! 🙂
Cash says
Who needs to sell domains anymore?
Lose auctions and collect
File RDNH lawsuits and collect
All the while maintaining ownership of your domains
Lo dat