There is a very interesting story about FF.com on Jalopnik.com. The article deals with the broker of FF.com not getting paid their 15% commission. Hat tip to George Kirikos. Looking at Domain Tools the seller was Bank of America.
In November, a 10-page complaint was filed against Faraday in San Francisco County Superior Court by a company that essentially acts as a broker for acquiring domain names. The filing describes what seems to be the genesis of how FF wound up with its name, as well as the company’s website, and pins a $210,000 claim on the start-up for allegedly failing to pay the broker, Domains Cable, a commission for the deal to purchase FF.com.
The complaint asks for economic damages in an “amount to be proven at trial but not less than $210,000, representing a 15 percent commission on the $1,400,000 transaction,” along with miscellaneous costs and expenses of the suit.
A spokesperson for Faraday told Jalopnik “we do not comment on litigation matters.” The company, in a brief response filed last month in court, denied the allegations and asked a judge to dismiss the complaint and enter a judgment in favor of FF.
Read the full story here
