Printed from http://www.electronista.com

Yahoo to face $2.7 billion Mexican fine over listings

updated 07:32 pm EST, Fri November 30, 2012

Mexican court hands down non-final judgment

A Mexican court has handed down a non-final, $2.7 billion judgment against Yahoo over a suit related to a Yellow Pages-type listing service. The case involved an alleged breach of contract with Worldwide Directories S.A. de C.V. and Ideas Interactivas S.A. de C.V., and it was filed against both Yahoo's US branch and its Mexican branch. At present, the case is something of a mystery to media outlets, as Yahoo did not mention it in its most recent 10Q filing, which lists major ongoing litigation.

In a statement released today, Reuters reports, Yahoo said that the ruling was a "non-final judgment" by the 49th Civil Court of the Federal District of Mexico City. "The plaintiffs alleged claims of breach of contract," Yahoo's statement continues, "breach of promise, and lost profits arising from contracts related to a Yellow Pages listings service."

The plaintiffs in the case have given no comment on the judgment, and documents from local courts in Mexico are reportedly unavailable for public consultation.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

  1. aviamquepasa

    Fresh-Faced Recruit

    Joined: 10-22-11

    This amount is surely more than the whole Mexico country produces in one year, jua, jua...

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Cat B100

Cat is primarily known for its heavy-duty machinery used in the construction industry and farming, among other areas. What may not be ...

Linksys EA6900 AC Router

As 802.11ac networking begins to makes its way into more and more devices, you may find yourself considering an upgrade for your home ...

D-Link DIR-510L 802.11AC travel router

Having Internet access in hotels and other similar locations used to be a miasma of connectivity issues. If Wi-Fi was available, it wa ...

Sponsor

toggle

Most Commented

 
toggle

Popular News