Coin Litigation News
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Your Legal Rights

If you purchased coins from any of the following coin companies, you may be entitled to compensation. Please contact us for more information about your legal rights.

  • Universal Coin & Bullion
  • 1st Capital Reserve
  • 1st American Reserve
  • 1st National Reserve
  • 1st Fidelity Reserve
We have compiled the latest news on the lawsuits against Universal Coin & Bullion, 1st Capital Reserve, 1st American Reserve, 1st National Reserve and 1st Fidelity Reserve alleging the companies engaged in questionable sales practices and other acts in recommending the purchase of precious metal coins and bullion to customers.
News Stories
Allegations Land Coin Company in Courtroom
The Beaumont Enterprise

According to two lawsuits against the company filed by former clients, those business practices include using false and misleading information in high-pressure telephone sales.

Consumers Should Do Their Homework Before Investing in Gold Coins
Attorney General of Texas—Greg Abbott

For centuries gold has been one of the world's most popular investments. And the recent surge in the price of gold continues to make it an attractive haven. But consumers who are considering investing in gold and gold coins should study the market carefully to avoid becoming victims of high pressure and unscrupulous sales tactics.

Recently we heard from a number of consumers who spent thousands of dollars each to purchase gold coins which they were assured by the "consultants" selling them that they were a wise investment. Often these high pressure pitches were directed at seniors who would use their savings or liquidate other assets to buy coins which they were often told would double or triple in value in a very short time.

Our Lawyers Can Help You

If you have lost money in precious metal coins purchased from Universal Coin & Bullion, 1st Capital Reserve, 1st American Reserve, 1st National Reserve, or 1st Fidelity Reserve, you may be entitled to compensation.

For more information on lawsuits against these coin companies, please complete our online contact form.