Reglikedomain industry desk

Epik responds to client lawsuit over $327,000 debt

Epik responds to client lawsuit over $327,000 debt

Firm admits it owes the plaintiff money but denies other claims.

Logo for Epik domain name firm

Epik has responded to a lawsuit that alleges the firm owes a client $327,000 over a failed domain transaction.

In its response, the firm basically agrees (pdf) that it owes Matthew Adkisson $327,000 for the failed transaction for nourish.com. But it also denies that it has committed fraud, violated RICO, and the other allegations Adkisson threw at the defendants.

In a separate filing (pdf), attorneys for current Epik CEO Brian Royce asked the court to dismiss the causes against him since he was not at the firm when the transaction occurred.

Epik owes a number of clients and vendors money. Recently, clients have also noted that their domains aren’t being immediately renewed when they pay for renewals.

Through its Twitter account, the firm has threatened to sue former CEO Rob Monster and has asked him to resign his board seat.

Also on the wire

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