Traverse Legal's cybersquatting law lawyers obtained a statutory damage award under the ACPA on behalf of their client in the amount of $74,500 against Overdrive, Inc., a distributor of digital products such as ebooks, audiobooks, music and videos, for bad faith cybersquatting and breach of contract.
The US District Court also ordered Overdrive, Inc. to transfer over the infringing domain name "forwardreviews.com" to the plaintiff.
OverDrive is funded by Insight Venture Partners, a private-equity firm that focuses on technology companies. Overdrive’s key products and services: OverDrive Media Console, OverDrive Read, OverDrive Media Station, Content Reserve.
UPDATE June 20, 2013: "The matter has been resolved by agreement of the parties and the appeal dismissed. The matter is now closed.