Judge Tosses Coin Graders' EBay Antitrust Suit

Law360, New York (January 10, 2012, 12:49 PM EST) -- A California federal judge on Monday dismissed a putative class action alleging eBay Inc. schemed to raise the value of certified coins in the online auction market by restricting it to coins graded by a handful of authorized coin graders.

U.S. District Judge Ronald M. Whyte dismissed with prejudice the fourth amended complaint lodged against the Internet auction giant by coin grader Universal Grading Service, its president and a pair of independent coin dealers. The judge said the suit could not be saved by further amendments....
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Universal Grading Service et al v. EBay, Inc. et al


Case Number

5:09-cv-02755

Court

California Northern

Nature of Suit

Anti-Trust

Judge

Ronald M. Whyte

Date Filed

June 24, 2009

Law Firms

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.