Comments on: VeriSign Shares Fall 14% On Appeals Court Ruling

By: MHB

MHB — Tue, 09 Jun 2009 23:42:27 +0000

UPDATE

Shares of VeriSign sank another 4% today in trading down $.97 at $18.93

By: MHB

MHB — Tue, 09 Jun 2009 14:56:23 +0000

Domain Investor

I believe it will happen.

Actual damages are EASY to prove.

Godaddy is on the record saying if they were allowed to have bid for the contract they would have offered to run the registry for $3 a registration with no price increases.

If VeriSign is found to be in violation of the anti-trust acts then every major class action firm will be on this.

Shares of VeriSign are down this morning another 3%.

Investors are worried.

By: Cartoonz

Cartoonz — Tue, 09 Jun 2009 02:43:59 +0000

This isn’t going to make ICONN look very good either

By: Domain Investor

Domain Investor — Tue, 09 Jun 2009 02:35:29 +0000

“you know it will happen”

Mis-type or wishful thinking.

I meant to say

you know it will NOT happen.

By: Domain Investor

Domain Investor — Tue, 09 Jun 2009 02:33:27 +0000

Michael’s quote –
“The lawsuit could void the contract with ICANN and eventually lead to a class action suit where every domain owner seeks a refund of fees paid for domain registrations and renewals.”

As nice as it sounds Michael, as a lawyer, you know it will happen.
But, it is nice to dream.

And, we also know that the only groups that makes out with a class action lawsuit are the 2 legal teams.