Sprott Money Lawsuit: All You Need to Know (2024)

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Sprott Money is renowned as a trusted leader in the precious metals industry, offering competitively priced investment-grade bullion along with security and peace of mind to its customers.

Since its establishment in 2008, Sprott Money has been dedicated to providing guidance, education, and superior customer service to a diverse range of clients, including individual investors, wholesalers, corporate entities, and institutional buyers.

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However, despite their sterling reputation, it’s essential to explore whether Sprott Money has maintained a clean legal track record or if there have been any lawsuits filed against them. Let’s have a look at their past and uncover any legal history associated with Sprott Money.

Sprott Money Lawsuit: Current Status

Currently, there is no ongoing Sprott Money lawsuit.

We went through various resources, including our own database as well as other notable legal resources onilne.

Here’s an overview of our findings:

UniCourt: No Sprott Money Lawsuit Found

There is no Sprott Money lawsuit currently going on, according to UniCourt.

Unicourt.com is a legal technology platform designed to provide comprehensive access to court records, legal data, and case tracking services. The primary goal of Unicourt is to make legal data more accessible and usable for legal professionals, businesses, and the general public. Through this platform, users can gain access to federal and state court records from multiple jurisdictions across the United States, encompassing civil, criminal, bankruptcy, and appellate courts.

Sprott Money lawsuit on Unicourt

One of the standout features of Unicourt is its case tracking capabilities. Users can track cases of interest and receive real-time updates and alerts on new filings, docket entries, and changes in case status. This feature is particularly valuable for legal professionals who need to stay informed about developments in the cases they are following.

Unicourt also offers robust legal analytics, analyzing court data to provide insights and trends in litigation. This helps users identify patterns, predict outcomes, and make data-driven decisions. For businesses and legal professionals, this analytical capability can be a significant advantage in understanding the broader context of their legal landscape.

The platform supports API integration, allowing seamless incorporation of court data into other software and systems. This feature is beneficial for businesses that want to embed legal data into their workflows, CRM systems, or other applications. Additionally, Unicourt provides a document retrieval service, enabling users to obtain copies of court documents such as complaints, motions, and orders.

Advanced search capabilities are another key feature of Unicourt. Users can conduct specific searches for cases, parties, attorneys, judges, and more, using keywords and various filters such as jurisdiction, case type, and date range. This makes finding relevant legal information more efficient and precise.

Unicourt caters to a wide range of users, including law firms, corporations, insurance companies, financial institutions, and the general public. For law firms, the platform enhances case research, monitors litigation trends, and improves case management. Corporations can use Unicourt to conduct due diligence, manage legal risks, and track litigation involving their business. Insurance companies benefit from monitoring claims litigation and assessing legal risks associated with claims, while financial institutions use the platform for background checks, credit risk assessments, and monitoring legal proceedings involving clients or borrowers. The general public can access court records and stay informed about legal matters affecting their interests.

In summary, Unicourt.com streamlines the process of accessing and managing court records and legal data, providing valuable insights through analytics and data-driven reports. It offers easy access to a vast amount of legal information from a single platform and supports integration with existing systems, enhancing workflow and productivity. Unicourt is widely used by legal professionals, businesses, and individuals who require reliable and efficient access to court records and legal data.

Justia: No Ongoing Sprott Money Lawsuit Found

Justia is a comprehensive legal information website that aims to make the law more accessible to lawyers, businesses, and the general public. Established with the mission of providing open and free access to legal information, Justia offers a wide range of resources and tools that cover various aspects of the law.

There was no ongoing or major Sprott Money lawsuit listed on Justia, according to our research.

One of Justia’s primary features is its extensive database of legal information. This includes federal and state statutes, case law, regulations, and court opinions. Users can search for and access a wealth of legal documents, including decisions from the U.S. Supreme Court, federal appellate courts, and state courts. This makes Justia a valuable resource for legal research and case preparation.

Justia also provides a comprehensive lawyer directory. This feature allows users to search for attorneys based on location, practice area, and other criteria. The directory includes detailed profiles of lawyers, complete with contact information, areas of specialization, and client reviews. This is particularly useful for individuals and businesses seeking legal representation.

Sprott Money lawsuit on Justia

In addition to legal documents and directories, Justia offers various legal guides and articles written by legal experts. These resources cover a wide range of topics, from family law and personal injury to business law and intellectual property. The guides are designed to help users understand complex legal concepts and navigate the legal system more effectively.

Justia’s docket and court filing service is another key feature. It provides access to a vast collection of court dockets and filings, enabling users to track ongoing litigation and stay updated on case developments. This service is especially beneficial for legal professionals who need to monitor multiple cases simultaneously.

The platform also includes a robust legal blog network, where legal professionals can share insights and updates on various legal issues. This network covers different practice areas and jurisdictions, offering a diverse array of perspectives and information.

Justia is particularly noted for its commitment to free access. Unlike many other legal research platforms that require subscriptions, Justia provides most of its resources at no cost. This open access approach is part of its mission to democratize legal information and ensure that everyone has the opportunity to understand and use the law.

For businesses, Justia offers various marketing solutions, including website design, SEO services, and online advertising. These services are tailored to help law firms and legal professionals enhance their online presence and reach a broader audience.

In summary, Justia is a valuable legal information platform that offers extensive resources for legal research, lawyer directories, legal guides, and court filings. Its commitment to providing free access to legal information makes it an indispensable tool for legal professionals, businesses, and the public. With its wide range of services and resources, Justia helps users navigate the legal system, find legal representation, and stay informed about legal developments.

Other Platforms:

Similarly, we looked for Sprott Money lawsuit on other platforms but found no listings or mentions.

There is no Sprott Money lawsuit pending at the moment.

About Sprott Money 

Established in 2008 and headquartered in Toronto, Canada, Sprott Money operates as both a precious metals dealer and a Gold IRA company. 

While its product catalog may be slightly smaller compared to some competitors, Sprott Money focuses primarily on offering IRA-approved bullion products to its clientele.

Sprott Money website

Available products include gold and silver coins and bars, with a selection of the most popular coins eligible for inclusion in a Precious Metals IRA. 

Although the company’s website mentions platinum as an option, it does not currently feature any platinum products in its catalog. Additionally, collectibles are also offered in the inventory.

Sprott Money partners with New Direction Trust Company as its preferred IRA custodian. For storage solutions, the company has affiliations with International Depository Services of Canada, Brinks, and Strategic Wealth Preservation (SWP). 

It’s worth noting that while gold and silver are prominently featured, palladium is not available as an investment option through Sprott Money.

Despite its somewhat smaller inventory, Sprott Money provides customers with a selection of IRA-approved coins and bars suitable for retirement savers. 

Additionally, the company keeps the public informed about precious metals investments through regularly updated blog posts and a podcast section. Customers can also subscribe to the “Sprott Money Newsletter” for further insights and updates.

Sprott Money Products

Sprott Money offers a diverse selection of gold and silver IRA-approved coins and bars, along with collectible coins. While the website mentions platinum as an option, it is currently not featured in the inventory.

Some of the available options include:

  • Gold Australian Kangaroo
  • Gold American Eagle
  • Gold Canadian Maple Leaf
  • Gold Britannia
  • Gold Austrian Philharmonic
  • Silver Canadian Maple Leaf
  • Silver Austrian Philharmonic
  • Silver Canadian Antelope
  • Silver Australian Koala

It’s important to note that neither platinum nor palladium are available options at present.

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Sprott Money Pricing 

Sprott Money prioritizes transparency and convenience by clearly stating all fees in both Canadian and U.S. dollars. 

The company accepts various payment methods, including certified checks, cashier’s checks, personal checks, bank drafts, money orders, bank wires, and e-transfers. Additionally, bill payments from select banks such as BMO, RBC, Scotiabank, and National Bank are accepted.

While Sprott Money provides clarity regarding payment methods, there is limited information available about other fees and charges on their website. 

 This lack of transparency regarding fees may pose challenges for investors who value clarity in assessing the returns of their investments.

Notably, when shipping precious metals to clients, insurance rates are applicable. These rates are outlined as follows:

  • For gold: A flat rate of $15 along with 0.4% of the value of the gold.
  • For silver: A flat rate of $30 along with 0.75% of the value of the silver.
  • For platinum: A flat rate of $30, with insurance coverage provided by SM Ltd.
  • For a combination of gold, silver, and platinum: A flat rate of $30, 0.4% of the value of gold, and 0.75% of the value of silver. Platinum is covered by SM.

Sprott Money Customer Reviews 

Better Business Bureau (BBB):

Sprott Money boasts an A+ rating on the Better Business Bureau website, where they have been listed for 15 years. This accreditation signifies adherence to BBB standards and a commitment to resolving customer concerns promptly.


Sprott Money reviews

With a rating of 3.7 out of 5 stars on Trustpilot, based on a single customer review, Sprott Money is regarded as average on this platform. While there is only one review, it is in favor of the company.


Sprott Money excels on ShopperApproved with a stellar rating of 4.8 out of 5 stars, based on 1,880 customer ratings and reviews. Customers overwhelmingly praise the company for its exceptional customer service, professionalism, and expertise.

Should You Choose Sprott Money?

Sprott Money’s extensive experience in the precious metals industry, commitment to customer service, and array of IRA-approved bullion products make it a compelling choice for investors seeking to diversify their portfolios with precious metals. 

Despite its smaller inventory compared to some competitors, Sprott Money’s focus on quality and reliability, along with its transparent pricing practices, may appeal to individuals looking for a trusted partner in the precious metals market.

Final Verdict on Sprott Money Lawsuit 

In conclusion, while Sprott Money has been involved in one lawsuit in its history, the company’s dedication to resolving legal matters and maintaining a strong reputation in the industry remains evident. 

With overwhelmingly positive customer reviews and high ratings from reputable organizations like the Better Business Bureau and ShopperApproved, Sprott Money continues to be a trusted leader in the precious metals market. 

As with any investment decision, prospective clients are encouraged to conduct thorough research and consider their individual financial goals before choosing Sprott Money as their precious metals dealer.

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