No-show cybersquatter liable for $1.2 million

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domainking131

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A cybersquatter has been ordered to pay $1.2 million in damages for deliberately using a confusingly similar domain name to steal a competitor’s business.

The US District Court for the Eastern District of Texas granted insurance company Neutron Depot’s motion for default judgement on 21 January, after the accused defendant failed to respond to the charges levelled at it.

Neutron accused Insurance Depot Marketing of trademark infringement and violating the Anticybersquatting Consumer Protection Act in April 2015.

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