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citigroup and monster catfight

Thu, Jun 11, 2009

News

According to CityFile.com of New York, Citigroup’s team of attorneys have filed a lawsuit against Affinity Labs, a division of Monster, with regards to a website called Womenco.com.

Womenco, which is owned by Monster, is a networking site for career-minded women, and Citigroup says the website name violates a trademark against Citi’s female-centric money management business called Women & Co.

Apparently the bank thinks the public will confuse its women with Monster’s women, so they slapped the company with a lawsuit on Monday, arguing that WomenCo.com is threatening its status as “one of the largest and most renowned banking and financial institutions in the United States and throughout the world.” Citigroup also claims that the site in question has caused them ‘irreparable harm.’

Prior to filing the lawsuit, Citigroup asked Affinity Labs to cease use of the name, which Affinity Labs refused to do. The lawsuit is asking Affinity Labs to transfer the Womenco.com domain name to Citigroup, plus the bank is requesting that all profits the site incurred be passed on to them as well.

Click here to see a copy of the lawsuit.

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This post was written by:

Vanessa Dennis - who has written 621 posts on Cheezhead Recruiting News and Opinion.

Vanessa Dennis, originally from Austin, Texas, was a corporate recruiter for two years before becoming a writer for Cheezhead.com. Vanessa has an English Writing degree from Loyola University of New Orleans. She currently lives with her family in Cleveland. Connect with Vanessa on the Facebook Fan Site.

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1 Comments For This Post

  1. Bob Maxwell Says:

    So let me get this straight. Citigroup which had to be bailed out by the government is using tax payer dollars to sue a site which helps people get jobs and education? Classy.

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