Empower Retirement sues Empower Geographics over web domain

Empower Retirement sues Empower Geographics over web domain
The rights to the use of the empower.com domain are at the heart of the suit, which was filed in federal court in Illinois.
JUL 29, 2021

Great-West Life & Annuity Insurance Co. and its Empower Retirement unit have filed a lawsuit against Empower Geographics Inc. and its president for threatening to sell the empower.com domain to Empower Retirement's competitors “and professional cybersquatters.”

According to a suit filed in federal court in Illinois, Great-West accuses Empower Geographics, which is based in the Chicago suburbs, of trademark violations, deceptive trade practices and unfair competition. It charges that from June 2016 on, the Empower site “appeared to be solely used for the purposes of advertising the sale of the domain.”

The suit says that negotiations between the parties have failed as a result of the defendants’ demands.

Great-West is seeking “actual damages, lost profits, consequential damages, exemplary damages, statutory damages, and any other damages allowable under law.”

The 'secret sauce' of impact investing

Latest News

Indie $8B RIA adds further leadership talent amid growth drive
Indie $8B RIA adds further leadership talent amid growth drive

Executives from LPL Financial, Cresset Partners hired for key roles.

Stock volatility remained low despite risk events
Stock volatility remained low despite risk events

Geopolitical tension has been managed well by the markets.

Fed minutes to provide signals on rate cuts
Fed minutes to provide signals on rate cuts

December cut is still a possiblity.

Trump's tariff talk roils markets, political leaders
Trump's tariff talk roils markets, political leaders

Canada, China among nations to react to president-elect's comments.

Ken Leech formally charged by SEC, US Attorney's Office
Ken Leech formally charged by SEC, US Attorney's Office

For several years, Leech allegedly favored some clients in trade allocations, at the cost of others, amounting to $600 million, according to the Department of Justice.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound