Thursday, June 29, 2006

Judge OKs Yahoo click fraud settlement

CNET "A federal judge on Wednesday gave preliminary approval to a settlement in a lawsuit that accused Yahoo of not adequately protecting advertisers from a practice known as click fraud, the Wall Street Journal reported.
Under the terms of the settlement, Yahoo would pay about $5 million in legal fees and extend its period for reviewing advertiser click fraud complaints to include disputed charges since January 2004, rather than addressing complaints received only within the past 60 days, the newspaper said.
The preliminary approval was granted by U.S. District Court Judge Christina Snyder in Los Angeles. "

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