Has anyone dealt with something like this? I'm not sure what my options are.
domain squatter demanding ransom. I've been dealing with this for about 3 months now and the situation isn't improving.
I have already done some research online but did not get a clear answer.
What are my legal options here? Is it worth pursuing?
You could try handling it yourself but honestly a lawyer speeds things up 10x.
Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.
One thing worth mentioning: if the other party violates a settlement agreement, you can go back to court for enforcement. Make sure any settlement is in writing and signed by all parties. Verbal agreements are much harder to enforce.