Stands4 sues Dan.com over Calculator.com transaction

Digital Pandit

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Company that bought a stolen domain name sues Dan.com and John Doe thief.

A publisher is suing Dan.com after it paid $180,000 for a stolen domain name using Dan.com.
Stands4 paid $180,000 last year to acquire Calculator.com. It then spent $50,000 developing it, adding to its portfolio of sites including Grammar.com, Lyrics.com, and Scripts.com.
Shortly after publishing a new site on the domain name, Stands4 was sued in Florida court by Chloe Alston, who said she was the rightful owner and had not sold the domain. After looking at the evidence, Stands4 decided not to contest that she was the domain owner and that the person who sold the domain as Chloe was not actually Chloe.

This was the second time a thief tried to sell the domain. A previous attempt on Sedo was scuttled after the buyer questioned who was selling the domain. Surprisingly, after the first time, the domain was not fully locked down and apparently, the thief still had control.

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