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Does he have any remedies?
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In a nutshell, NO. This is not the first time this has happened. I gave away a valuable program around 6-8 months ago when almost the exact same thing happened. I sent it off, knowing it was a steal. Also sold a 1954 Bowman Ted Williams card around a year ago for a steal. No one could bid. The winning bidder promptly paid, and flipped it for $500 more in only a week. It's just the nature of the beast. Ebay expects sellers to suck it up and take it on the chin. It's the cost of doing business.....