Nelson Brady (pictured) is the only responsible, it is known, of bid-rigging under the name of Halvarez (the only known fraudulent user) for 4 years.
As one of the two Vice-Presidents of SnapNames (the other was Cole Mason ) was fired in late October 2009. SnapNames The company discovered the fraud in October 2009 and made public by sending a letter to its customers the November 4, 2009.
Domisfera published an extensive article on the subject , a real earthquake in the domain industry.
Now SnapNames and its parent company Oversee.net has sued Nelson Brady , asking 33 million (broken down into different categories, pages 9-18 ):
"Oversee demand millions of dollars in damages for the harm caused Brady to Oversee and SnapNames. However, no amount of money can compensate for the harm caused Brady to these two companies in terms of its reputation in the secondary market domains. "
The suit was filed in federal courts in Oregon and published (18 pages) by Andrew Alleman of Domain Name Wire :
Read the rest of this article ...




