PSA / JSA liability

[kerichar]

Yes, they can be sued. TPAs present themselves to the public as experts in autograph authentication. When they make a mistake, they can be sued for their negligence.

The measure of damages might be the sticking point. As I recall, JSA has a limitation of damages clause in their COA that limits JSA's liability to the cost of authentication. This poison pill clause hardly makes a lawsuit a cost effective.

The moral of the story is read the fine print on the COAs.