Cash4Gold Hit With Racketeering And Fraud Class Action Lawsuit

[texan connection]

Just trying to find out, you havent said you are or not yet either.
As Mrs O said Good luck finding a Lawyer to sue another one. Personly I belive Lawyers (though needed somtimes ) are still just another College boy Frat club cornering a Market, and chargeing WAY more than they are worth.

IMO

 

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[cyberdan]

They pray on the naive and the poor. Some of the other people in the world don't know what a coin shop is.

So true. I was in my favorite (and trusted) coin shop yesterday and the guy in front of me had a box full of quarters. So many that I thought he did coin roll hunting. He wanted to sell his silver and I know this shop pays the best. So the lady pours the coins on her counting tray and starts giving quarters back to the guy. More than half were clad.

His dad had died and his mother wanted him to cash them in. He knew just enough to go to a coin store. Most people, I would think, will go to a bank and just deposit the whole thing to make some silver hunter happy.

 

[Silver Surfer]

While it is true that in some class action suits, the class individuals don't seem to get a big amount of money, the main purpose of these cases is to put a stop to, to punish or to correct the alleged bad behavior of the defendants.

That has got to be about the most false generalization I have ever read Jim, with all due respect. I have been unintentionally involved in 5 Class action lawsuits now, where the law firms got millions and people like me who were supposidly wronged, got cents... I got one check from AT&T that was for $0.42, when according to the lawsuit, I was screwed for at least $50-60, and the law firms take was $9 million.... Now, you will probably say that "well, they put all this money into the case, researching, etc..", but I have a niece that was a law student and quit because she was tired of "working for free" for law firms as a requirement for school, to search legal records, firms, etc., for possible class action suits.. They paid her nothing for this..
Lawyers are in it for themselves. Maybe not at first, but they all succumb to the easy millions that tort suits and class action suits can bring.. How many lawyers have hit paydirt (Edwards for example), and then use that money to run for office? Many, many of them do.... How many politicians have never been, or are, lawyers? Very, very few....

 

[goldsworthy]

I just sent in $9438. in Gold coins and bars to AMPEX I had my check within 1 week they paid more then spot price and the check didn't bounce! What more could I ask for!. I have many more rolls of gold and silver eagles I would not hesitate to send to them again. I knew what they were going to pay me BEFORE I sent it in. They put it in writing and honored their price even though the gold price went down during shipping. There are honest dealers out there!