Financial planning broker firm, Financial Planning Exchange (FP Exchange), has claimed one of its industry competitors, Radar Results, was trying to redirect traffic from its website by registering an almost identical domain name.
FP Exchange managing director Steve Fine contacted InvestorDaily and said he became aware that Radar Results was using the domain name fpexchange.com.au earlier in the year but had deactivated the link after a period of time.
"We registered fpexchange.com and then decided to register fpexchange.com.au only to find the domain name had already been registered, with traffic from that page being redirected to the Radar Results website," Fine said.
"It was also discovered that Radar Results had created a blog on blognow.com.au under the fpexchange name and it is clear in both cases that Radar Results have done this in bad faith."
Fine said the group intended to pursue the case through the World Intellectual Property Organisation (WIPO) or the Australian Domain Name Administrator.
When InvestorDaily contacted Radar Results, the group's operations manager Michele Conroy said she registered fpexchange.com.au personally in order to establish a website where financial planners could exchange information.
She said as soon as it came to her attention that someone was using the fpexchange.com domain name, she ceased using fpexchange.com.au in order to avoid confusion.
FP Exchange is the second financial planning broker firm to come forward about intellectual property matters regarding Radar Results, following news this week that Kenyon Prendeville secured the transfer of the domain name kenyonprendeville.com from Radar Results.
After filing a complaint, WIPO found it was overwhelmingly likely the domain name was registered and used in bad faith by Radar Results, and as a consequence ordered AustDomains International, the current domain name registrar, to transfer the domain name kenyonprendeville.com to Kenyon Prendeville.
