Jan 3, 2008 at 9:13am ET by Barry Schwartz
Scott Hendison received an email about a click fraud settlement by Ask Sponsored Listings. If you purchased online advertising from IAC Search & Media and/or ASK Jeeves from August 2005 to now, you are entitled to some form of reimbursement for click fraud or other invalid or improper clicks.
The details can be found at AskSettlement.com, which contains a PDF of the settlement notice, the online claim form, a method to contact someone, and frequently asked questions.
There is a fund of $820,000. Of that, $258,333 will go to the lawyers and the rest will be given to those who qualify for the settlement. No, you won’t be getting cash, but you will be getting advertising credits to spend more money with Ask Sponsored Listings.
On March 13, 2008 at 1:00pm, the court will consider whether the settlement is fair. You must submit your claim by February 2, 2008. If you do not opt out, you will be included in the class action lawsuit.
Yahoo also gave out settlements for click fraud, as did Google.
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