Sanctions hearing in coin fraud case reset again

A hearing regarding a motion for sanctions against several attorneys involved in a coin fraud case has been rescheduled again.

Attorneys for Universal Coin & Bullion filed the motion on Nov. 1, alleging attorneys Bill Voss, Jason Gibson and Jake Posey are defying a restraining order issued by Judge Donald Floyd to stop contact with coin company clients.

The motion for sanctions hearing was originally set for Dec. 7, but was reset to the 18th by Floyd's court coordinator to Dec. 18. On the 18th, parties met in the jury room to discuss dates for a resetting.

Voss, Gibson and Posey represent customers who allege the coin company ripped them off. UCB has also counter sued.

Floyd issued a judgment in March that contained a permanent injunction that prohibiting Voss from releasing any confidential information about UCB clients and from using client lists to solicit more plaintiffs.

Bruce Partain of Wells, Peyton, Greenberg & Hunt in Beaumont and Ricky Raven of Thompson & Knight in Houston are representing Universal Coin & Bullion. Their motion alleges that Voss, along with Gibson and Posey, engaged in conduct which clearly violates the March 30 judgment.

UCB claims that Voss simply began referring the clients he contacted to Gibson and that the attorneys' actions constitute contempt of court. UCB counsel wants Floyd to impose a fine, imprisonment or both on Voss, Gibson and Posey.

Days before the scheduled Dec. 7 hearing, Gibson, Voss and Posey filed a response to the motion for sanctions and a counter-motion for sanctions against UCB and Partain.

The three attorneys argue that UCB's motion is frivolous and "filed for publicity reasons."

Case No. A176-598