Rosland Capital Lawsuit: Latest Updates and News

In today’s uncertain economic climate, many investors are seeking options to safeguard and grow their wealth. One option, with inherent rewards and risks, is investing in precious metals like gold and silver through a self-directed IRA. 

However, before diving into investment, choosing a reputable company with a clean record is paramount.

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The precious metals IRA space hasn’t been without its controversies, as some companies face accusations of hidden fees, misrepresented products, and misleading marketing tactics. 

By thoroughly researching a company’s legal history, investors can make informed decisions and ensure their hard-earned money goes to a trustworthy partner.

Now, let’s shift our focus to Rosland Capital, a well-established player in the precious metals industry. They boast excellent customer service and a wide range of products. 

But do their claims hold up? Could there be lawsuits they’re keeping under wraps? Let’s take a closer look at their legal history to find out.

Current Rosland Capital Lawsuits 

While Rosland Capital positions itself as a customer-centric leader with a diverse product portfolio, a closer look reveals a different narrative. 

The company has faced legal challenges, with lawsuits making different kinds of allegations.

However, Rosland Capital has been able to combat the allegations and establish itself as a trusted name in the industry.

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While numerous attempts have been made at stopping Rosland Capital’s growth, none of them have found success.

In the next section, let’s dig deeper into the details surrounding these lawsuits, providing a clearer understanding of the allegations against Rosland Capital. 

This will help investors make informed decisions about whether to include Rosland Capital in your precious metals investment strategy.

All Rosland Capital Lawsuits 

Lawsuit 1.  Lear Capital Vs Rosland Capital

Rosland Capital lawsuit involving Lear Capital

Our investigation into Rosland Capital’s legal history starts with a lawsuit filed on August 13th, 2015, by Lear Capital Inc

This lawsuit, categorized as “Personal Injury – Other Personal Injury,” was filed in Los Angeles County Superior Courts, specifically the Stanley Mosk Courthouse. While the case details remain undisclosed, the “Disposed – Dismissed” status indicates the case was resolved without reaching a verdict.

However, the nature of the lawsuit, “Other Personal Injury,” is a cause for concern.  While not definitive, it raises the possibility that Lear Capital felt Rosland Capital’s actions caused them some form of financial or business harm.

Lawsuit 2. William Dennison Vs Rosland Capital

Rosland Capital Lawsuit on Justia

Another lawsuit against Rosland Capital involves William Dennison, who filed on behalf of a family trust. This case (September 2018) claimed Rosland Capital mistreated an elder or dependent adult.

Interestingly, the fight wasn’t about the alleged abuse, but a contract Rosland Capital had with the trust. This contract forced any disagreements to be settled outside of court by a private judge.

The court threw out this contract because it wasn’t fair. The contract seemed to favor Rosland Capital in a few ways:

  • Unequal Rights: The contract didn’t give both sides the same options or protections.
  • Limited Blame on Rosland Capital: The contract might have made it harder to hold Rosland Capital accountable for mistakes.
  • Shorter Time Limits: The contract may have limited the time someone could sue Rosland Capital.

Since then, the lawsuit has been resolved and there are no allegations against the company.

Lawsuit 3. James T. O’hearn, Trustee Vs Rosland Capital

James T. O’Hearn filed a lawsuit against Rosland Capital, acting as a trustee. 

Rosland Capital lawsuit by James

This case, categorized as “Personal Injury – Other Personal Injury,” was filed in May 2019 in Los Angeles County Superior Courts (Santa Monica Courthouse).

Since the details are still under wraps (marked as “Pending”), it’s difficult to pinpoint the exact nature of the complaint. 

However, the category suggests James T. O’Hearn believes Rosland Capital might be responsible for their financial loss.

Lawsuit 4. Claude Frey Jr Vs Rosland Capital Llc

Rosland Capital lawsuit by Claude Frey

Claude Frey Jr. filed a case against Rosland Capital in October 2014. This lawsuit, categorized as “Property – Other Property Fraud,” was closed (dismissed). 

The dismissal of the lawsuit suggests that the allegations might have been baseless.

Lawsuit 5. Rosland Captial Vs Force By Design

While the previous lawsuits focused on claims against Rosland Capital, these next two involve the company itself taking legal action.

Filed in October 2015, Rosland Capital sued Force By Design in an “Other – Arbitration” case. The specifics are unknown, but it likely involved a contractual disagreement that required arbitration (settlement by a private judge) to resolve.  

Judge Lisa Hart Cole oversaw the case and ultimately concluded with a judgment entered (case closed).

Lawsuit 6. Rosland Capital Llc Vs Vincent J Bovino Et Al

Rosland Capital lawsuit against Vincent Bovino

Rosland Capital initiated another lawsuit in February 2015 against Vincent J. Bovino. This case fell under “Contract – Other Contract,” suggesting a dispute related to a breached agreement. The case was dismissed, though the reason for dismissal remains undisclosed.

It’s important to note that Rosland Capital being involved in lawsuits, even as the suing party, doesn’t necessarily indicate wrongdoing. 

However, it highlights the company’s history of legal involvement, which is a crucial factor to consider when making investment decisions.

What are Rosland Capital Lawsuits About 

Rosland Capital has been embroiled in various legal battles, shedding light on potential issues surrounding their business practices. 

These lawsuits span a range of concerns, from allegations of mistreatment to contractual disputes and accusations of fraud.

1. Lear Capital Vs Rosland Capital (2015): While the details remain undisclosed, this lawsuit categorized as “Personal Injury – Other Personal Injury” suggests alleged financial or business harm inflicted by Rosland Capital on Lear Capital.

2. William Dennison Vs Rosland Capital (2018): This case highlighted concerns over Rosland Capital’s contracts. The court invalidated a contract that seemed to favor Rosland Capital unfairly, however, the company has evolved significantly.

3. James T. O’hearn, Trustee Vs Rosland Capital (2019): Filed under “Personal Injury – Other Personal Injury,” this lawsuit suggests another instance where a client filed a dispute against Rosland Capital.

4. Claude Frey Jr Vs Rosland Capital LLC (2014): This case, categorized as “Property – Other Property Fraud,” involved a customer dispute involving Rosland Capital regarding property, potentially precious metals.

5. Rosland Captial Vs Force By Design (2015): In this instance, Rosland Capital took legal action against Force By Design in an arbitration case, likely stemming from a contractual disagreement that required resolution through arbitration.

6. Rosland Capital LLC Vs Vincent J Bovino Et Al (2015): Rosland Capital initiated a lawsuit against Vincent J. Bovino, categorized as “Contract – Other Contract,” indicating a dispute over a breached agreement.

While Rosland Capital’s involvement in lawsuits, both as defendant and plaintiff, doesn’t definitively indicate wrongdoing, it does raise concerns about their business practices and handling of customer issues.

These legal battles underscore the importance of due diligence when considering investments with the company.

About Rosland Capital

Established in 2008, Rosland Capital caters to investors and collectors seeking gold, silver, platinum, and palladium. Their platform allows for both direct purchases and investments through Individual Retirement Accounts (IRAs).

Rosland Capital

Rosland Capital distinguishes itself through exclusive partnerships with Formula 1 and the PGA Tour. These collaborations translate into unique, officially licensed sports memorabilia crafted from precious metals. 

These collectable coins might hold particular appeal for fans seeking rare investment or collecting opportunities. Moreover, Rosland Capital emphasises its experience within the precious metals industry. 

Their founder boasts over 25 years of experience, and the company highlights a staff with similar expertise. This positions them as a knowledgeable provider in the precious metals market.

Pros and Cons of Investing with Rosland Capital 

Rosland Capital is a player in the precious metals market, offering investors a chance to buy and sell gold, silver, and platinum. Here’s a breakdown of the pros and cons to consider before investing with them:

Pros:

  • Accessibility: Rosland Capital’s low minimum balance of $2,000 makes it easier to get started compared to competitors with higher entry points.
  • Reasonable Fees: Their fee structure is relatively transparent with a one-time setup fee, annual maintenance fee, and storage fee that falls within a reasonable range.
  • Diverse Selection: Rosland Capital boasts a wide selection of bullion and collectible coins across various precious metals, catering to different investor preferences.
  • Exclusive Offerings: They offer unique, officially licensed sports memorabilia minted from precious metals, appealing to collectors and fans.
  • Knowledgeable Staff: Rosland Capital emphasizes its team’s experience, potentially providing personalized guidance and education to investors.
  • Positive Reputation: They hold an A+ rating with the Better Business Bureau (BBB) and have positive customer reviews on their BBB profile (4.62 out of 5 stars).

Cons:

  • Limited Transparency: While fees seem reasonable, some reviewers mention concerns about a lack of transparency regarding product pricing beyond setup and maintenance fees.

Final Thoughts 

While Rosland Capital positions itself as a reliable option in the precious metals market, its history of lawsuits raises significant concerns for investors. 

Multiple lawsuits allege misrepresentation, unfair contracts, and potential financial harm caused to investors. The William Dennison case particularly highlights imbalanced contracts that favor Rosland Capital and limit customer rights.  

The unclear outcomes of many lawsuits further add to the uncertainty.  Given these legal issues, exercising caution is crucial for investors considering Rosland Capital. 

Thorough research, seeking transparency on fees, exploring alternative dealers, and consulting a financial advisor are all essential steps before making any investment decisions. 

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