Sorry for the clickbait 
As the title suggests, are the damages big enough for a class action lawsuit?
I am no lawyer, but I have just finished watching the 6th episode of Better Call Saul (so I am a professional) and it would seem to me a Lawsuit can be possible where CGC must repay the cost of cards plus damages.
I am unsure how it works though, as CGC only made money on grading costs and publicity.
Any thoughts?
Let time unwind 
No clue whatâs going to happen legally with CGC but I just came to say Better Call Saul is the best show ever. Enjoy!
I will join one, $9600 down the drain at the momentâŚ
We really just have to wait to see what CGCâs response is later this week.
If they do something like return to CGC and get a full refund, this wouldnât be necessary. If they say get bent, yeah then a class action lawsuit would be in play.
Everyone is emailing CGC and all these auction houses. I know there is a lot of money in play, but nothing can be done until CGC says what they plan to do.
Dang man I got baited so hard I saw this and instantly clicked on it, anyway about lawsuit I donât know my guess is someone will probably try to put one together depending on what cgc has to say but also I have a printer dot sized brain so I donât really know what will happen just weâll just have to wait
I am no lawyer. But yes. It definitely seems big enough unless cgc works with the fbi to put a certain someone in prison.
class action isnt the way to go on this. the lawyer will take all the fees and youâll get like 50 bux.
Would the class action not give full refund + damages as well as pay for a lawyer?
Iâm unsure of how it works.
class action is for when you have a million people out 50 bux each or something like that not where you have like a thousand ppl out thousands to hundreds of thousands each
If youve lost money on this to a degree that you feel it is significant enough that you may potentially like to go through the legal process, Id suggest that before deciding to do anything cgc, z&g, alt, or anyone else says, speak to your legal counsel and have everything handled through them to make sure paper trails are created and protections are had. An unfortunate thing that can potentially happen from this is a Fair Market Value payout is not based on purchase amounts but on most recent sales or even a fraction of those. At least your legal representation will know what to watch out for as opposed to you agreeing to something and negating your legal rights in the future.
Depending on cgcs official response, it may be worth considering grouping together with several affected collectors under a single representation to share resources and streamline the processes better (also to split costs).
I am not a lawyer nor is this inteded to be binding legal advice. You do you.
Not necessarily true. Class action refers to a class of people all similarly affected by one entity in a criminal way. Payouts will be spread evenly among the âclassâ of people. Lawyers will definitely take a percentage, but just because itâs a class action suit doesnât mean itâs always a low $ amount. The disadvantage is giving up your right to pursue legal compensation individually, which would mainly affect people who bought multiple copies of these cards.
My recommendation would be to try to work with CGC first before suing them.
We know, Ghezzi
I have posted numerous press releases that we can submit to legal council.
Someone has moved them over to âmemesâ âŚfor some reason.
I would like to enter them in as evidence.
If it does come to a class action i would be involved for sure, down 24k
I guess the question is, what is the legal basis? Iâm no lawyer. Somebody paid a company (CGC) to give their opinion on an item. People then paid money for an item based on that companyâs opinion. The companyâs opinion turned out to be wrong. They still rendered you the service you paid for. Is there some sort of legal basis just because there is a secondary market involved in buying and selling an opinion?
Iâm not defending CGC in any way shape or form; Iâm just curious about what the law of the land has to say about all this.
I am not a lawyer either, but one thing worth mentioning in terms of CGCâs potential role in this fraud (setting aside the negligence in their âauthenticationâ practices), is that they âwitnessedâ Akabane signatures on uncut, 2024-printed sheets prior to the cardsâ mounting. This is evidenced by the straight-lined, cut off signature on the left border here, and there are many examples of this. In my opinion, given that they witnessed signatures on uncut sheets, this is at minimum potential evidence of CGC deceiving buyers and falsely advertising what the cards are (not true âplaytestsâ to develop the game in 1996 as the label states); and at worst, they could be complicit in the entire scandal.
+1
I agree completely with the above. Thatâs kinda hard to explain. They would have had to witness the card signed. But if signatures are cut they most likely witnessed sheet signed. (Assuming witnessed at all)
So they did not witness the signature on the item they are certifying as it was the mounted on card. So technically not the same item that was signed.
Mike
