Westwood Vs PCGS Lawsuit

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•Dominick v. Collectors Universe, Inc.
, 2012 WL 6618616 (C.D. Cal.)
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Plaintiffs are individual rare coin dealer and corporation he owns that sells rare coins
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Defendants are individual rare coin dealer and business he owns or operates in the coin
industry including real time coin trading website and coin grading /rating service
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Plaintiffs alleged that defendants engaged in numerous acts to establish their control over the
realtime coin trading market including alleged allocation and exclusive dealing agreements as
well as price fixing.
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In Complaint, Plaintiffs asserted the individual defendant engaged in false advertising by
claiming that coins were "valued accurately and impartially" and that statement was not true
due illegal price fixing
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The False Advertising Lanham Act Claim was asserted only against the individual defendant, not
the website or the grading/rating service
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The Court dismissed the false advertising with prejudice
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12(b)(6)
•Plaintiffs lack standing to assert a Lanham Act claim against the Individual
•That the individual owns and operates the corporate defendants "is not to say that
he made the false statements"
•As a result, Plaintiffs must allege that any misrepresentations hindered their ability to
compete with Defendant entities
•(Court noted repeated failures to cure pleading deficiencies)

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If you google "westwood vs PCGS" it is about five hits down.