Woman claims she paid more for coins than they were worth

A woman has filed suit against a company, alleging it engaged in false advertising when it sold her coins at a price higher than what they were worth. 

Ruth L. Thomas filed suit July 17 in the Jefferson County District Court against American Eagle Reserve LLC.

According to the complaint, defendant American Eagle Reserve induced Thomas to buy coins that had a value substantially less than the amount she paid for them.

The defendant breached an expressed warranty by representing to the plaintiff she would receive particular types of rare and valuable coins, the lawsuit states. The representations were entirely false as the purported rare coins woefully failed to conform to the defendant's representations.

Due to American Eagle Reserve’s actions, Thomas suffered economic and consequential damages, treble damages and exemplary damages, according to the complaint.

In addition to breach of warranty, Thomas accuses American Eagle Reserve of unconscionable acts, breach of contract and fraud.

Thomas is seeking actual and statutory damages, plus costs, pre- and post-judgment interest at the highest legal rate and other relief the court deems just.

She is being represented by attorney Chris M. Portner and J. Trenton Bond of Beaumont.

Jefferson County District Court case number E195-888

 

This is a report on a civil lawsuit filed at the Jefferson County District Court. The details in this report come from an original complaint filed by a plaintiff. Please note that a complaint represents an accusation by a private individual, not the government. It is not an indication of guilt, and it represents only one side of the story.