An e-mail was just sent out to advertisers participating in Yahoo! Search Marketing, formally known as Overture, advising of the proposed class action settlement for bidders advertising during the period of January 1, 1998 in July 31, 2006.

Affected bidders should submit the Assertion of Right to Participate in Additional Claims Review Process form by November 20, 2006, indicating that you intend to file a claim form for Yahoo! advertising credits and give up your ability to sue Yahoo! over the subject matter of this case. The Assertion of Right to Participate form is available for download at
www.checkmatesettlement.com.

Read the full post.