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News Breaks
June 19, 2014
16:03 EDTWBMD, EVDYWebMD commences litigation against Everyday Health
WebMD Health (WBMD) announced that its subsidiary, WebMD, has commenced litigation against Everyday Health Media, a subsidiary of Everyday Health (EVDY), for trademark infringement, false advertising and unfair competition. WebMD's complaint, filed in the United States District Court for the Southern District of New York, shows that Everyday Health is using the WebMD trademark on Everyday Health's web pages; in Everyday Health website addresses; and in search advertising campaigns to deceive and mislead consumers into believing they are visiting WebMD's trusted health and wellness resources. WebMD believes that these practices also mislead advertisers whose ads are placed by Everyday Health on areas of its website that infringe WebMD's brands. These activities infringe on WebMD's trademarks and go well beyond the legally permissible practice of simply buying search terms against a competitor's name. WebMD is seeking a permanent injunction barring Everyday Health from engaging in such illegal acts, damages for the harm to WebMD's business and reputation, an accounting of the profits Everyday Health secured for itself from its wrongful conduct, and the attorneys' fees and costs incurred by WebMD in enforcing these laws against Everyday Health's willful misconduct.
News For WBMD;EVDY From The Last 14 Days
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October 1, 2014
07:32 EDTWBMDWebMD reaffirms FY14 revenue view to $570M-$580M, consensus $580.05M
Reaffirms FY14 adjusted EBITDA approximately $152.5M-$157.5M and FY14 net income to be approximately $36.5M-$40.5M.
07:32 EDTWBMDWebMD reaffirms Q3 revenue $140M-$143M, consensus $143.77M
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