Phil Law Weblog

Yahoo declared that it is considering refunding money to advertisers and paying almost $5 million in attorney fees to settle the class action lawsuit which alleges that the company has been profiting from bogus sales referrals generated through a sham known as “click fraud”.

The agreement received preliminary approval.

Yahoo officials are confident they’ll only owe a small amount of money. But the company’s layers say they want to keep their advertisers happy.

Link

Filed under Class Action, General Law, Settlements

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This entry was posted on Thursday, June 29th, 2006 at 2:17 am . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.