'Lost Clicks' Web Site to Track Click Fraud; Lawyers Create www.LostClicks.com to Monitor Problem
May 19 2005 - 3:16PM
PR Newswire (US)
'Lost Clicks' Web Site to Track Click Fraud; Lawyers Create
www.LostClicks.com to Monitor Problem DALLAS, May 19 /PRNewswire/
-- Online advertisers who are concerned about click fraud have a
new online clearinghouse, http://www.lostclicks.com/ , where they
can learn more about a pending class action lawsuit against the
major search engines and Internet corporations, and about recent
developments in what is now being recognized as a major problem for
advertisers. "What we'd like is for http://www.lostclicks.com/ to
become an electronic meeting place for advertisers and individuals
who are concerned about pay-per- click (PPC) fraud," says attorney
Joel Fineberg of Dallas, who represents online advertisers in the
class action lawsuit. "It's very important that all of us share
information because we're dealing with a new technology and a new
challenge. The more people who visit the site, the more knowledge
we can all gain." Mr. Fineberg, along with associate Dean Gresham
and Dallas attorney Stephen Malouf, have filed a class action
lawsuit against the following defendants: Google (NASDAQ:GOOG),
Yahoo! (NASDAQ:YHOO), Lycos, AskJeeves (NASDAQ:ASKJ), Findwhat.com
(NASDAQ:FWHT), GO.com, LookSmart (NASDAQ:LOOK), AOL, Netscape and
Time Warner (NYSE:TWX). The defendant companies are accused of
overcharging for PPC advertising, in which advertisers pay a fee
every time an Internet user clicks on their ads. The lawsuit
alleges many of those clicks are fraudulent, caused by competitor
businesses attempting to increase an advertiser's bill, or some
other misuse. The suit also says the Internet companies selling the
ads do a poor job of policing the fraud. "We're hoping that
http://www.lostclicks.com/ can serve as something of an educational
tool," Mr. Fineberg says, "one that can help online advertisers
better understand what's happening. And ultimately, we think it can
play a role in resolving the problem." Currently,
http://www.lostclicks.com/ includes a growing click fraud library,
linking Web surfers to articles written on the subject, as well as
information on Mr. Fineberg and other lawyers involved in the class
action lawsuit. In the future, the site will include an online
forum where PPC advertisers can share information about their
experiences with click fraud. For more information on
http://www.lostclicks.com/ or to speak with Joel Fineberg, contact
Mike Androvett at 800-559-4534 or DATASOURCE: www.LostClicks.com
CONTACT: Mike Androvett, +1-800-559-4534, or , for
http://www.lostclicks.com/ Web site: http://www.lostclicks.com/
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