What ever happened to PCGS' lawsuit against the coin doctors?

[therealanaconda-migration]

What ever happened to PCGS' lawsuit against the coin doctors?

[dimefreak]

You know what?? That's a really good question Adrian....

 

 

[therealanaconda-migration]

I don't know what happened but I can guess. No significant money was paid, they signed some sort of promise to no longer AT coins and it they all signed a confidentiality agreement of some kind so PCGS wouldn't look like they went soft on the painters.

[breakdown-migration]

Case was dismissed, not sure of the basis -- jurisdiction or failure to state a claim, I believe. There was talk of re-filing in a different court. Not sure what came of it.

[ldhair]

I'm thinking PCGS knew the case would be really tough and blew the money to make a point. Maybe it did some good.

[e1cnr]

They were not going after AT, but surface alterations and enhancement like adding FH to high grade SLQs and adding a couple points to gold with surface fill cleaning up the fields. -stuff that when turned in holder after a few years really made collector suffer (andTPG had to buy back coin)

 

They won in that they got alot of articles and publicity about how they are making the world a safer place for coin collectors

 

Not sure if case is really over yet, originally had jurisdiction issues...

[coinman_23885]

They decided they couldn't beat them so they decided to join them and start their own "recovery" service.

 

(I'm only joking here, ).

 

The case was dismissed on procedural grounds. I don't think it has been refiled.

[jpcienkus]

I'm new here, so can someone post a link to the article about the lawsuit?

 

thanks!

[Conder101]

As coinman said it was tossed out. Now some of the accused had threatened to sue PCGS over damage to their reputations caused by the case. I have no idea if they were ever filed and if so where they currently stand.

[therealanaconda-migration]

PCGS Sues Coin Doctors

 

This is just one of many articles.

[johnny9434]

i dont know, i havent been following it since they were talking about dimissing it