Reglikedomain industry desk

$1,500 To Filer of SnapNames Class Action Lawsuit — Oversee.net Pays

Class representative gets a modest check.

Oversee.net has paid $1,500 to Stewart Resmer, the “class representative” for a lawsuit filed against Oversee.net in the wake of the halvarez shill bidding scandal.

Resmer originally filed suit against Oversee in U.S. District Court Central District of California. But the judge tossed the case out since the amount of money concerned was under $5 million.

As a result, Resmer’s lawyers refiled in The Superior Court of Los Angeles County. Oversee.net settled the case, agreeing to adopt a fresh shill bidding policy. The firm also agreed to pay people that had overpaid as a result of the shill bidding, although it had by now made that offer to clients ahead of the lawsuit.

Resmer, as class representative, got a check for $1,500. Resmer also stated two non-profits may receive money as part of the settlement, counting Internet Commerce Association.

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