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Industry PR
SAN FRANCISCO, Calif. -- April 30, 2003 -- /Xpress Press/ -- Sex.Com (www.sex.com) announced today that Stephen Michael Cohen filed an appeal to the Supreme Court after his appeal to both a three judge panel and the entire U.S. Court of Appeals for the Ninth Circuit was rejected. Cohen, an ex-convict and the perpetrator in the high profile Sex.Com domain name heist, contends that the Ninth Circuit's dismissal should be reversed. Cohen's appeal of his $65 million judgment was dismissed because he is a fugitive from justice.
In 1995, VeriSign Inc. (Nasdaq: VRSN ), formerly Network Solutions, Inc. (NSI), handed over the popular domain name to Cohen after he sent a forged letter to NSI headquarters.
"We are convinced that the Supreme Court will agree that you can't appeal a judgment when you're on the lam," said Kremen's attorney Jim Wagstaffe of San Francisco. "It defies reason to say that you can use the legal system to your benefit while, at the same time, you're thumbing your nose at law enforcement officials."
Every year, over 7,000 similar petitions are filed with the Supreme Court. The court typically takes about 90 of them.
"These petitions are rarely granted even under the best of circumstances. In this case, it's simple: the Supreme Court has no reason to accept review," said Steven Adamski, a partner at Adamski Moroski Madden & Green LLP, a full service business law firm. "I think even Mr. Cohen understands his chances are zero."
VeriSign still awaits a ruling on their responsibility and corresponding financial accountability for unilaterally assisting in the theft of the lucrative Sex.Com domain name when they did not verify the domain name transfer request document. In August 2002, when the U.S. Court of Appeals agreed to expedite oral arguments in Sex.Com's appeal against NSI, Judge Alex Kozinski expressed his surprise at NSI's disregard for an unmistakably forged letter. "I mean this is really sloppy. You wouldn't approve this if you had seen this letter," said Kozinski to VeriSign's attorneys.
If the Ninth Circuit recognizes a domain name as property that can be converted, VeriSign could be found liable and could face a financial burden as low as zero to as large as a percentage of their current market capitalization.
About Sex.com
Sex.Com (www.sex.com), wholly owned and operated by Grant Media, LLC, is the premium adult Internet search engine, receiving on average 150,000-200,000 unique users and 400,000+ page-views daily. A majority of the traffic is type-in adult traffic by first time surfers looking for specific adult content. Additionally, Sex.Com distributes its search results and banners to over 25 other search engines internationally. As a result of its strong adherence to the laws and practices in the global Internet community, Sex.Com is able to ensure a safe, stable and growing online advertising environment.
For more information, please contact:
Grant Media, LLC/Sex.Com
Joanna Posner, jposner@sex.com, 858-492-9447
Case # 01-15886 Gary Kremen v. Stephen Michael Cohen
SOURCE: Grant Media, LLC/Sex.Com
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