A Coral Gables man is suing Internet domain name auction company SnapNames.com in state court following the company’s admission that an employee secretly participated in the company’s auctions.
The proposed class action filed a week ago in Miami-Dade Circuit Court claims legitimate bidders overpaid and the company unfairly profited because of a former vice president’s actions. The case defines the class as anyone who was outbid or submitted higher bids in a SnapNames.com domain names auction based on the employee’s involvement.
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