Class action suit filed against PSA, PWCC and Probstein

[sbfinley]

Originally Posted by peterose4hof

This is false. The manufacturer will send you a card that is deemed of equal value, but they don't reprint the card.

Eh, you can call it more of a half truth. It is their general policy that if they do replace a damaged card they replace it with something in their stock they consider equal book value, but Topps has before on rare occasions reprinted or recreated damaged cards if the card is high profile enough or if the comp value is high enough to require more than a handful of cards to reach. This is my understanding at least.

[peterose4hof]

Originally Posted by sbfinley

Eh, you can call it more of a half truth. It is their general policy that if they do replace a damaged card they replace it with something in their stock they consider equal book value, but Topps has before on rare occasions reprinted or recreated damaged cards if the card is high profile enough or if the comp value is high enough to require more than a handful of cards to reach. This is my understanding at least.

Of the billions of cards Topps & Panini have produced over the years a small handful have been remade, but only under very extreme circumstances.

I just didn't want people thinking you could send any pack-pulled, damaged card to these companies and they will print you a new one. That just doesn't happen.

[MULLINS5]

Originally Posted by peterose4hof

have been remade.

Correct.

[sayheykid54]

Are there any recent updates to these lawsuits?

[swarmee]

It was elevated to Federal District Court in California right at the start of the Coronavirus situation, requested by PSA I believe. No mention of it at all on the PSA quarterly shareholders meeting, from what I've been told. Hopefully they put it in their notes, despite Joe's claim that these scandals "are not material to their business."

[ajjohnsonsoxfan]

any update on this?

[swarmee]

Savoy's case was stopped by the judge, mainly because he couldn't show he had any damages as a result of the scandal. Read the last couple of pages here:

https://www.blowoutforums.com/showthread.php?t=1352880