eBay – PWCC Facing Class Action Suit Over Shill Bidding Allegations
The first repercussions of shill allegations against PWCC have entered the litigation stage.
The Oregon-based company had its listings pulled from eBay on Aug. 17, 2021, as the marketplace giant accused “individuals associated” with PWCC engaging in shill bidding. eBay didn’t provide any specifics and PWCC has denied those allegations.
Now, one month later, a class action suit has been filed in federal court, alleging that PWCC used shill bidding to inflate the prices of items it was selling online.
The class-action suit, Latham v. PWCC Marketplace, LLC — spearheaded by New Orleans resident Gregory Latham — was filed in U.S. District Court for the District of Oregon, Portland Division, on Sept. 17. According to court documents, the plaintiffs, who are seeking a jury trial, are “all persons who purchased goods” from PWCC through an online auction.
As of 3 p.m. EDT on Aug. 17 — the day eBay pulled the listings — PWCC had over live auctions available for bidding.
PWCC has sold a massive amount of consigned items through eBay and on its own website. In July 2021, PWCC sold more than 37,000 lots through its Premier Auction conducted on its own platform and continues to offer both auctions and fixed price listings there.
The lawsuit filed in Oregon alleges that PWCC violated Oregon’s trade practices and antitrust regulation laws under statute 646.608(v) and claims that the defendant “violated any of the provisions relating to auction sales, consignment sales, auctioneers, consignees or auction marts under ORS 698.640(d), whether in a commercial or noncommercial situation.”
ORS 698.640 lists the requirements for sales. Under ORS 698.640(d), an auctioneer “may not employ or use another bidder or buyer at an auction on behalf of the auctioneer.”
You can read this complete story at: https://www.sportscollectorsdaily.com/pwcc-facing-class-action-suit-over-shill-bidding-allegations/