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LeBron James Rookie Card At Center of $6 Million Lawsuit

The authenticity of the LeBron James Rookie card is in question, and it could set a serial collector back a heartbreaking $6 million.

LeBron James’ Rookie Card Caused Lots of Drama

Lebron James was spotted in Portofino with wife Savannah Brinson and some friendsMEGA

The card in question is an original 2003-2004 Lebron James Exquisite Collection Basketball Jersey autographed rookie patch card and it is extremely rare. Released by The Upper Deck Company, LLC, only 99 cards were printed.

Alan Spiegel and Steven Spiegel own one of the 99 cards, they are buyers, collectors and sellers of high-end sports memorabilia and claim that the deal they made with Goldin, a sports memorabilia auction house was tainted because of an online account that had defrauded the brothers and accused them of peddling fake cards to Goldin.

As a result of accounts known as “Card Porn” on Twitter and Instagram, Goldin has decided to withdraw their agreement with Spiegel’s.

This Case Has Happened

LeBron James was seen making an appearance on Jimmy Kimmel's showMEGA

The drama all started in late May and lasted until June 2021 when Spiegel’s listed their rare LeBron Patch Cards for sale by Goldin. According to court documents obtained by The Blast, shortly after the card was uploaded, Card Porn began posting “false, libelous and defamatory written posts on Instagram and on various chat rooms and sports memorabilia sites, claiming that the Lebron Patch Card was not authentic. “

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Taking it a step further, the lawsuit alleges that a person claiming to be the person or persons behind the Card Porn account called the auction house and “asserted that the LeBron Patch Card was inauthentic.”

Unfortunately, the card has already hit the market and the offer is incredible “as high as $690,000 was made for the LeBron Patch Card. At the time, the estimated market value and predicted sale price for the LeBron Patch Card was approximately $2 million.”

Does the LeBron James Card Interfere with the Spiegel Card?

LeBron JamesMega

The lawsuit is heavy alleging multiple wrongdoings against Card Porn. The Spiegel also believes that Card Porn, “is engaged in a targeted and specific campaign to defame certain cards (while avoiding commenting on others who are actually suspicious).”

They also believe that “Card Porn has been able to create a virtual racketeering ring in the collectibles industry, where sellers and professionals fear incurring the wrath of Card Porn, which thus allows Card Porn to control the sports card market by choosing which cards to target as “fake ” and cards to ignore.”

Unfortunately, Spiegel’s had difficulty communicating this lawsuit to the people concerned because they were hiding behind social media accounts.

The Spiegel’s Can’t Serve Their Cease & Desist

LeBron James' trading card is expected to be the most expensive everMEGA

The lawsuit made it clear that the plaintiffs could not contact Card Porn and therefore their termination and termination could not be served. Finally, they want all “false and defamatory statements regarding the LeBron Patch Card, removed and retract all false and defamatory posts they have made regarding the LeBron Patch Card.”

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In addition, the plaintiffs claim that they have suffered loss of reputation, shame, embarrassment, and injury to their respective feelings, and the loss of value of the LeBron Patch Cards. They are seeking at least $6 million in damages.

They also seek a “temporary restraining order, preliminary injunction, and permanent injunction enjoining and restraining the Defendants from any further posting of any statement, comment, representation or other publication on any social media site regarding the Plaintiff, the LeBron Patch Cards, or any -mana sports. memories.

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Source: thtrangdai.edu.vn/en/