Cash4Gold Fraud Suit Plaintiffs Postpone Class Bid

Law360, New York (December 16, 2009, 5:38 PM EST) -- Plaintiffs in a consumer fraud suit against Green Bullion Financial Services LLC accusing the company's Cash4Gold program of misrepresenting itself as a legitimate business when in fact it is an “insidious” scheme designed to steal jewelry from customers withdrew their motion for class certification just hours after first requesting it.

In the U.S. District Court for the Central District of California Wednesday the putative class filed for certification, but later withdrew the motion explaining that a second pitch would be forthcoming in the next 90 days....
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