Birch Gold Group Lawsuit: Documents, Status and Updates

Before entrusting your money with any precious metal IRA company, it’s important to do your research to ensure the safety of your funds. 

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An increasing number of gold IRA companies have been exposed as massive scams in 2024. The Court Online United States recommends gold IRA investors to get this guide before investing.

Today, we’ll take a closer look at Birch Gold Group, a leading Gold IRA company known for its top-notch customer service, transparency, and educational resources.

While Birch Gold Group receives high ratings for its commitment to customer satisfaction and expertise in the precious metals industry, we’ll investigate whether they have a clean legal record. 

By examining any past or ongoing lawsuits, we’ll help investors decide whether Birch Gold Group is the right choice for their investment needs.

Current Birch Gold Group Lawsuit Status

When choosing a Gold IRA investment company, understanding their legal standing is crucial. 

Birch Gold Group, while having many satisfied customers, has also faced a few legal challenges. However, most of these have been resolved or dismissed, indicating a strong legal position and a dedication to resolving disputes.

Birch Gold Group page

While it’s unclear if there are any ongoing cases against Birch Gold Group, the company remains committed to providing consistent support to its clients. 

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Despite potential legal battles faced by other IRA firms, Birch Gold maintains its focus on transparent and reliable service, making it a trustworthy option for those seeking to secure their financial future with precious metals.

Let’s take a closer look at Birch Gold Group lawsuits in the next section.  

All Birch Gold Group Lawsuit 

After conducting thorough research on sites like UniCourt and Justia, we found the following Birch Gold Group lawsuits:

Lawsuit 1: Birch Gold Group vs. Stephanie Alexander

Birch Gold Group lawsuit against S. Alexander

Gordon & Rees, LLP, and Stephanie Alexander filed a personal injury lawsuit against Birch Gold Group on April 30, 2018. Following Ms. Alexander’s response on July 22, 2019, there were no additional filings listed on the docket. 

The status remains “not classified” by the Orange County Superior Court, suggesting a possible out-of-court settlement.

Lawsuit 2. Curtis Davis Vs Birch Gold Group

Birch Gold Group lawsuit 2

On July 7, 2020, Curtis Davis filed a claim in Los Angeles Superior Court, stating six legal claims against the company.

  • Fraud and fraudulent concealment.
  • Negligent misrepresentation.
  • Negligence
  • Unfair Business Practices
  • Breach of Express Warranty
  • Unjust enrichment.

On April 9, 2021, Birch Gold Group filed an unopposed motion to compel arbitration of the plaintiff’s claims, dismiss the case in favour of arbitration, and/or stay the proceedings until the arbitration is completed.

Because there was no objection, the LA court granted the request and ordered that the claims be arbitrated.

Furthermore, it put an end to the action until the arbitration’s conclusion.

According to the most current document we found during our search, the court ordered the parties to file a joint status report seven days before the status conference on January 10, 2022.

Nonetheless, we were unable to find any documentation for this status update or an official case settlement.

Lawsuit 3. Christopher Moore Vs Birch Gold Group

Birch Gold Group lawsuit 3

Mr. Moore filed the following lawsuit on May 15, 2017, and it included a labor issue.

He states that this company did not promptly pay him.

On January 4, 2021, the court approved the settlement between the two parties that had been negotiated.

Lawsuit 4. Dee Doucette Vs Birch Gold Group

Birch Gold Group lawsuit involving Dee

On August 27, 2023, Dee Doucette filed a small claim lawsuit against Birch Gold Group. This type of lawsuit allows people sue to a person, business, or government agency that they think owes them money.

This complaint was filed in Ventura County Superior Courts, East County Courthouse located in Ventura, California. The case status is Not Yet Classified. 

Lawsuit 5. David Weinberger Vs Birch Gold Group

David Weinberger's Birch Gold Group lawsuit

On August 30, 2018, the Los Angeles Superior Court received the Birch Gold Group lawsuit from David Weinberger with allegations that the company had violated civil rights. 

The Birch Gold refuted these allegations.

He reported a move to dismiss on January 7, 2019.

While the court status is “other,” the docket indicates that no scheduled meetings were held following the plaintiff’s filing of his request for dismissal, suggesting that the issue has already been settled.

Lawsuit 6. Richard Stites Vs Birch Gold Group

Richard Stites' Birch Gold Group lawsuit

Mr. Stites filed a different labor dispute that Birch Gold Group wrongfully fired him.

On May 28, 2020, the lawsuit was reported to the Los Angeles Superior Court.

After a settlement was reached, on July 1, 2022, the plaintiff filed a move to dismiss.

Lawsuit 7. Walter Mitchell Vs Birch Gold Group

Walter Mitchell's Birch Gold Group lawsuit

Another individual Walter Mitchell said that Birch Gold Group violated civil rights in his June 1, 2022 filing. He filed a request for dismissal six months later, and on December 2, 2022, the Los Angeles Superior Court approved it with prejudice.

This means that Mr. Mitchel will not be able to sue the business in the future for the same infractions.

Birch Gold Group Complaints 

Let’s take a closer look at Birch Gold Group’s complaints to gain insight into their customer service. Complaints can tell us a lot about how a company handles issues, which is crucial for making informed decisions.

Trustpilot:

On Trustpilot, Birch Gold Group has a rating of 4.3 out of 5 stars based on 161 reviews. Most reviews are positive, but there are two one-star reviews from customers who claimed to have lost money despite the spot prices of precious metals increasing. 

Business Consumer Alliance (BCA):

Birch Gold Group has been a member of the BCA since 2011 and maintains a AAA rating. Within the past three years, there has been only one complaint, where a customer wanted to change their order but was unable to.

Birch Gold Group responded promptly and resolved the issue to the customer’s satisfaction.

Better Business Bureau (BBB):

The company has been an accredited member of the BBB since 2021 and holds an A+ rating with 4.4 out of 5 stars. Over the past three years, ten complaints have been filed, with three in the last twelve months. 

The recent complaints were related to misunderstandings about spot prices and purchase prices of precious metals. Birch Gold Group acknowledged these issues and worked to resolve them. In two cases, customers were satisfied with the resolution. 

However, in one complaint, Birch Gold Group stated that the customer did not respond to their attempts to resolve the issue and accused them of providing inaccurate details to the BBB.

They hope to address the problem once the customer contacts them.

About Birch Gold Group 

Birch Gold Group is a well-established company that specializes in precious metals, offering expertise and education in self-directed precious IRAs. 

Despite some Birch Gold Group Lawsuits, the company have earned praise from customers and have impressive ratings from sites like the Better Business Bureau and Business Consumer Alliance.

Investing in precious metals can be a smart move for securing your financial future, and Birch Gold Group can be a trusted partner for this journey. They’re committed to providing excellent service and education to their customers.

Here are some key points about Birch Gold Group:

  • They offer a variety of precious metals, including gold and palladium, allowing customers to diversify their portfolios.
  • With a minimum investment of $2500 for Gold IRAs, Birch Gold Group makes precious metal investments accessible to a wide range of clients.
  • Customers can take advantage of convenient services for buying back precious metals and transferring existing retirement accounts.
  • For purchases over $50,000, Birch Gold Group waives the first year’s custodial fee, providing an attractive incentive for larger investments.
  • Education is a priority, and Birch Gold Group offers information and guidance to help customers make informed decisions about investing in precious metals.

The Verdict 

So, is Birch Gold Group a legitimate company, or a scam?

Birch Gold Group is a legitimate company. After looking into their legal history and customer complaints, there’s nothing alarming about working with them.

Most reviews give Birch Gold Group five stars for their excellent service, easy process, and willingness to address concerns.

They also make sure to resolve any misunderstandings promptly.

With a perfect response rate from the Business Consumer Alliance and the Better Business Bureau, Birch Gold Group proves to be a reliable choice for precious metal investments.

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