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Old 07-31-2017, 12:57 PM
kerichar kerichar is offline
Ken
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Join Date: Jul 2012
Posts: 14
Default TPA Liability

Yes, they can be sued. TPAs present themselves to the public as experts in autograph authentication. When they make a mistake, they can be sued for their negligence.

The measure of damages might be the sticking point. As I recall, JSA has a limitation of damages clause in their COA that limits JSA's liability to the cost of authentication. This poison pill clause hardly makes a lawsuit a cost effective.

The moral of the story is read the fine print on the COAs.
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