Response to NY Daily News Article

[dallen]

Legendary Response


Thought I would take a minute and provide a response to the shockingly lopsided journalism utilized in O'Keefe's story that appeared in today's Post. amazing I provided these details last night after being given a last minute chance for rebuttal but he chose not to include my side of the story....I am sure there was no intent!

I will speak to the Legendary Auction side of this.

All charges against Legendary Auctions and me personally were dropped. No compensation was paid or would ever have been paid to Dave Forman.

Since the liquidation of Mastro Auctions I safeguarded a trimmed and altered Babe Ruth Goudey card (as validated by letter from PSA who confirmed that this card had been cut from a sheet and did not have the attributes of a factory cut card) that Dave Forman had attempted to consign to Mastro to help extinguish a liability. Last week Attorneys for Mastro auctions requested the return of this card. I never owned or claimed to own this card and returned it as a result of this request. As for Formans claim that this is card has a value of $150,000 I just hope it doesn't end up in an SGC holder. I have utmost respect for Derek Grady and his team and will forward him an image of this card so they will know the origins.

If anyone has additional questions I would be happy to respond via email which is dallen@legendaryauctions.com

[FrankWakefield]

Well said, Doug. Wish you well with the matter.

[calvindog]

Doug, everything that you say above and have said publicly and privately about your years of fraud you have committed at both Mastro and Legendary Auctions is a joke. You brought a simple collection matter, leaked it to the Daily News and then did all that you could to delay the litigation including moving for a change in the judge and ultimately abandoning the case on behalf of Ketap (Mastro successor company). As late as a few weeks ago Ketap was still demanding 300K from Dave to settle -- which was met with laughter. Furthermore, you made very clear that you believed the Goudey not to be trimmed and told Dave you would try to get it slabbed by PSA. In fact, Ketap (of which you are the President) tried to settle the case without giving the Goudey back--we were told you had lost it. When Ketap was told there would be no settlement without the card, it miraculously appeared and was returned. I would love to rifle through your sofa cushions and see what else turns up.

Furthermore, to suggest that you didn't pay any compensation to settle the case is absurd. You abandoned a 400K debt of Dave's -- OF WHICH WE PUBLICLY CLAIMED HE PARTIALLY OWED -- to settle the case. That's called compensation, Doug.

You have also engaged in serious fraud at Legendary while under criminal investigation in connection with Mastro Auctions. The chickens are coming home to roost -- and it could not happen to a more deserving guy.

http://www.nydailynews.com/sports/mo...th_dave_f.html

[Ease]

"Like any other bully, when you punch back, they folded, and they folded in the most cowardly manner," Lichtman said.

That's good stuff.

[Jim VB]

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[bh3443]

I love this hobby/industry of ours so much. I have won one card (E95 Wagner PSA5) years ago, and Doug still finds time to send me a catalog via FEDEX because he knows that reading a hard copy is easier for me. He also finds time in his busy schedule to send me an email just to ask how I am doing. This means a lot to me. He, like all my net54 buddies make my life easier to deal with with these friendly emails, etc.., I thank EVERYONE!
When I read this article, it saddened me. Doug's a great guy in my opinion.
Here's a copy of my email to Doug. I'm an optimist and hope all issues are cleared up in the interest of all parties.
In closing, I want to tell everyone that Doug's been a great friend to me.
------------------------------------------------------------------------------------
Hi Doug,
I read your thread this am regarding O'keefe's article.

I'm one of your many fans and I will always be one. Your sending me hard copy catalogs which help with my illness is among the kindest things I've encountered since getting sick. Please keep them coming!

I wish you continued success with EVERYTHING. Keep your chin up, my friend!

Your friend,

Bill Hedin
3 Murray Rd
Framingham, Ma 01701

[dallen]

I am not going to get into a shooting match here. I will clarify my earlier statement about the Forman case as it relates to Legendary and myself as based on your post you apparently didnt understand my statement.

The only claims against Forman were by Mastro not myself or Legendary Auctions. He did not owe me or my company a dime. He did however file a claim alleging wrongdoing by me and my firm. We were only a party to the suit based on his counter claims.

As stated the case was settled with my company not having to pay or forgoe any payments. In addition we were never found to be guilty of any charges.

So your capital letter statement may be accurate for Mastro Auctions since they chose not to pursue a claim. That is not accurate for me.

On a personal note it is clear that Jeff has an axe to grind with me personally as he has found every opportunity to slam me publically. I will continue to take the high road.

[byrone]

Originally Posted by calvindog

Doug, everything that you say above and have said publicly and privately about your years of fraud you have committed at both Mastro and Legendary Auctions is a joke. You brought a simple collection matter, leaked it to the Daily News and then did all that you could to delay the litigation including moving for a change in the judge and ultimately abandoning the case on behalf of Ketap (Mastro successor company). As late as a few weeks ago Ketap was still demanding 300K from Dave to settle -- which was met with laughter. Furthermore, you made very clear that you believed the Goudey not to be trimmed and told Dave you would try to get it slabbed by PSA. In fact, Ketap (of which you are the President) tried to settle the case without giving the Goudey back--we were told you had lost it. When Ketap was told there would be no settlement without the card, it miraculously appeared and was returned. I would love to rifle through your sofa cushions and see what else turns up.

Furthermore, to suggest that you didn't pay any compensation to settle the case is absurd. You abandoned a 400K debt of Dave's -- OF WHICH WE PUBLICLY CLAIMED HE PARTIALLY OWED -- to settle the case. That's called compensation, Doug.

You have also engaged in serious fraud at Legendary while under criminal investigation in connection with Mastro Auctions. The chickens are coming home to roost -- and it could not happen to a more deserving guy.

http://www.nydailynews.com/sports/mo...th_dave_f.html

Not trying to be smart here, but...

I understand that your client in this case has had a financial interest in a grading company. Are hobbyists assured that your client has always acted above board and without conflict of interest?

Every right-thinking hobbyist wants honesty in all dealings.

In the same way, if an auction house or it's employees have broken the law, this should not go unpunished.

[carrigansghost]

Shouldn't full names be included in this most recent Battle Royal?

Rawn

[Leon]

Originally Posted by carrigansghost

Shouldn't full names be included in this most recent Battle Royal?

Rawn

Yes.....all posts in this thread will require first and last names. If your post doesn't have it either edit out your post or put your name in it....

Better yet, if you put your full name in your sig line, as others do, then this will never be an issue. One person, TheSquire idiot, has already been banned today for eternity (and that's a real long time ) . He went ballistic on me in a PM. I can't repeat all of the F bombs etc.....but suffice it to say he committed "police suicide" on the board. I was tired of his idiocy anyway so was happy to have him leave.

[slidekellyslide]

Originally Posted by Leon

Yes.....all posts in this thread will require first and last names. If your post doesn't have it either edit out your post or put your name in it....

Better yet, if you put your full name in your sig line, as others do, then this will never be an issue. One person, TheSquire idiot, has already been banned today for eternity (and that's a real long time ) . He went ballistic on me in a PM. I can't repeat all of the F bombs etc.....but suffice it to say he committed "police suicide" on the board. I was tired of his idiocy anyway so was happy to have him leave.

Ah..too bad...I rather enjoyed his attempts to make us think he was Charlie Sheen even though anyone can see his IP address was coming from the East Coast.

[Jim VB]

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