Click Fraud Class Action Settlement by Yahoo

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 [www.kesq.com/Global/story.asp?S=5093000&nav=9qrx]

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