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Posted By: MW

It's probably pretty obvious, but if PSA is sued and found liable, submissions to the company will probably greatly decrease. After all, who on earth would want to submit to a company that loses valuable baseball cards and then denies it, either out of ignorance or incompetence?

Remember, Collectors Universe is a publicly traded company. Its books and methods of operation are already subject to very specific SEC regulations. The potential fallout from ending up on the wrong side of such a lawsuit might have severely detrimental effects on CU's stock price and the future financial viability of PSA.