Quickie - A New Lawsuit for Craigslist

First - the straight facts from Reuters

LOS ANGELES (Reuters) - Online auctioneer eBay Inc said on Tuesday it had sued Craigslist, alleging the Craigslist board of directors had diluted eBay's 28.4 percent stake in the online classifieds site.

Sadly, for the observers, the suit was filed under seal.  eBay says that it's to protect certain Craigslist confidentiality requirements. 

Now I'm even more curious to find out what exactly it is that Craigslist did to dilute eBay's minority stake in the online classifieds giant. 

The last time Craigslist was sued, they were found not guilty.  However, that lawsuit was filed on the basis of user-generated content that was simply posted on Craigs.  This suit brought on by eBay is attacking Craigslist (and Founder Craig Newmark and Chief Exec Jim Buckmaster) directly for their actions.

As much as I want to jump right up and defend Craigslist (the site is responsible for me finding my TV, my computer, my car and my current day job) it wouldn't seem prudent without any details on the table.

We'll let you know as soon as details become available.