Saturday, June 12, 2021

Fields Sued Michaels For $1M in Rare Coins Now Both Sides Talk Settlement in SDNY

 

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, June 10 – David Field sued Ryan Michaels and others for allegedly defrauding him into investing $1,420,800 in rare coins. 

     On June 10, U.S. District Court for the Southern District of New York Judge John G. Koeltl held a proceeding. Inner City Press covered it. 

  Ryan Michaels had responded in writing that he would be representing himself and the other defendants.

But he can only represent himself. He spoke at the proceeding on June 10, expressing a willingness to settle.

Judge Koeltl said he would refer the matter to the assigned Magistrate Judge, Sarah L. Cave.

The case is Field v. Exponential Wealth Inc. et al., 21-cv-1990 (Koeltl)

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