I think it falls under the definition of Cybersquatting as described here:
"Cybersquatting (also known as domain squatting), according to the United States federal law known as the Anticybersquatting Consumer Protection Act, is registering, trafficking in, or using a domain name with bad faith intent to profit from the goodwill of a trademark belonging to someone else"
http://en.wikipedia.org/wiki/Cybersquatting
The US law is basically just the same as the cybersquatting provisions of ICANN's Uniform Domain-Name Dispute Resolution Policy, which is binding on all registrars worldwide.
ICANN UDRP is international so that would be one possible venue. Also, org's registrar is subject to US jurisdiction so it shouldn't matter where the registrant is located.
