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Oakland's OnlineNIC Loses - Verizon awarded ‘largest-ever’ cybersquatting judgment - MashGet

More at MashGet : “A federal court in Northern California has awarded Verizon $33.15 million in what the company is calling the largest cybersquatting judgment ever, Verizon announced Wednesday. Verizon filed the case against OnlineNIC, a San Francisco-based Internet domain registration company, claiming it used Internet names--663 to be exact--that were chosen to be easily confused with legitimate Verizon names, according to Verizon. It might hard, however, for Verizon to actually collect on the judgment, which was a default ruling, or one entered against a defendant who fails to answer a summons. No one appeared in court on OnlineNIC's behalf or in its defense, Verizon said.”