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Welcome to the The
Lowdown from
DN Journal - your source for notable news
and information from all corners of the global
domain name
industry!
The Lowdown
is compiled by DN Journal
Editor & Publisher Ron Jackson. |
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Problems
Mount for Epik - Customer Suing for Return of
$307,000 Paid for Undelivered Domain
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In
recent months a lot of customer complaints
about domain registrar and marketplace Epik.com
have been posted on forums and social media
outlets. However, prior to this week, to our
knowledge, no formal legal actions had been taken
against the company. That
changed Monday (April 3) when an Epik
customer, Matthew Adkisson, filed a lawsuit
for non-delivery of a domain name - Nourish.com
- that Adkisson had purchased through Epik. In
the Washington State court filing
(.pdf file) naming Epik, Founder Rob Monster
and CEO Bryan Royce, Adkisson reported he
paid $327,000 for the domain but had gotten
back |
Image
from Bigstock
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only $20,000
of the refund due him. The suit goes on to allege
widespread fraud at Epik, citing a variety of other
issues that have generated widespread customer
complaints (many of those have been included in the
filing itself).
Adkisson
also stated that Epik did not dispute they owed
the money and in the filing he noted, "Monster
further represented that “in the event that the
Company does not, or will
not settle the balance due of $307,000, I am
committed to covering this personally, and
doing so asap.” Whether or not that happens
remains to be seen. Adkisson, who is being
represented by Seattle firm Perkins Coie LLP, is
also asking for reimbursement for interest and costs
incurred in his efforts to recoup his funds.
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(Posted
April 4, 2023)
*****
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