Video of the Day: PSA Hit With Another MASSIVE Class Action Lawsuit
Boston Card Hunter breaks down the explosive new class-action lawsuit against PSA — and why the RICO allegations could be a game-changer for the entire grading industry.
Hot on the heels of today's news that a Baltimore man has filed a federal RICO class-action against PSA, Boston Card Hunter weighs in with a 19-minute breakdown of the lawsuit's claims, the legal strategy behind the RICO framing, and what it could mean for collectors.
The video covers the core allegations — that PSA operates as a monopoly after its parent company acquired Beckett and SGC, that grading standards have shifted unpredictably, and that PSA's dual role as both grader and marketplace participant creates an inherent conflict of interest. Boston Card Hunter also discusses the earlier antitrust lawsuit that was dismissed and explains why this RICO approach is fundamentally different.
Whether you submit cards regularly or just follow the hobby from the sidelines, this is essential context for understanding the most significant legal threat PSA has ever faced.
Channel: Boston Card Hunter
