- News of the domain industry from around the world
Bank files anti-cybersquatting lawsuit after domain owner refused to hand over domain names.
Ally Financial (GMAC) has filed a lawsuit against a Scottsdale man who allegedly registered domains including the Ally brand and forwarded the to its rival Chase.com.
According to the suit (
When Ally contacted Jones, the bank says he tried to strike a deal in which he’d give up the domain names only if Ally partnered with him on a new banking/loan venture. When Ally rejected the proposal, he started forwarding the domain names to rival bank Chase.com.
As is typical in a cybersquatting case, Ally is asking for statutory damages of up to $100,000 per domain name.
© DomainNameWire.com 2012. This is copyrighted content. Do not republish.
Latest domain news at DNW.com:
No related posts.
For data from: http://domainnamewire.com/2013/01/24/ally-financial-sues-cybersquatter-who-pointed-domains-to-chase-com/