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Old 05-01-2025, 10:47 AM
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nolemmings nolemmings is offline
Todd Schultz
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Originally Posted by Tabe View Post
I'm curious to see the math behind their numbers. They claim they sustained losses of $13.9m because of PWCC but spent just over $10m on PWCC's platform. So they're blaming PWCC for a LOT of losses outside of the PWCC platform. OK...
Their damages analysis is creative but speculative, and not likely to carry the day. They assert that they lost $4.5M from the cards they won in PWCC auctions, then allege that PWCC's conduct artificially and wrongfully inflated values throughout the hobby by over 40%, such that cards they won in other auctions were overpaid by another $9.2M. That's how they get to $13.7M. See paragraphs 48-51. Good luck with that.

Personally I thought the Complaint was rather meh and lacked some basic allegations on causation and malice, even if those can be inferred and later added through amendment. Still, it could be interesting to follow this, especially if affidavits/declarations are part of the record. I would expect Brent and spouse to be added if the matter continues, and will pony up some $$$ if it quietly settles.
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Last edited by nolemmings; 05-01-2025 at 10:50 AM.
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Old 05-04-2025, 06:33 AM
ASF123 ASF123 is offline
Andrew
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Originally Posted by nolemmings View Post
Their damages analysis is creative but speculative, and not likely to carry the day. They assert that they lost $4.5M from the cards they won in PWCC auctions, then allege that PWCC's conduct artificially and wrongfully inflated values throughout the hobby by over 40%, such that cards they won in other auctions were overpaid by another $9.2M. That's how they get to $13.7M. See paragraphs 48-51. Good luck with that.
(Aside for the non-lawyers here: In the legal community, “creative” is a term of art meaning “absolute bullshit.”)
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