Business ProfileforJLF Holdings LLC
Current Alerts For This Business
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On May 29, 2019, the businesses, National Book Auctions (National Book), Worth Auctions, LLC (Worth) and JLF Holding, LLC (JLF) owned by David Hall entered into a consent order with the New York State Attorney General. The consent order settles allegations that the businesses fraudulently convinced consumers to deliver their property to these businesses to be sold at auctions, but failed to pay consumers after their property was sold. Under terms of the consent order, the business agreed to Pay $1,041,542.74 for consumer resistion and $52,000 in civil penalties and costs; additionally Hall is required to hire an independent trustee to handle all money from future auctions to ensure that proceeds go to consigning consumers and to the victims. After Hall has paid back all restitution, civil penalties, and costs, he must continue to retain a trustee to handle auction proceeds unless he posts a $500,000 bond to ensure that he complies with the judgment. The consent order was for settlement purposes only and should not be considered as an admission of guilt or finding of violation of the law. For more details, go to the New York State Attorney General's Press Release.
At-a-glance
Related Categories
Business Details
- Location of This Business
- 1429 Danby Rd, Ithaca, NY 14850
- BBB File Opened:
- 5/29/2019
- Business Started Locally:
- 2/7/2011
- Alternate Business Name
- JLF Holding
- Business Management
- Mr. David C Hall, Managing Member
- Contact Information
Principal
- Mr. David C Hall, Managing Member
Customer Contact
- Mr. David C Hall, Managing Member
Customer Complaints
0 Customer Complaints
Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews
File a ComplaintBBB Business Profiles may not be reproduced for sales or promotional purposes.
BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.
As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.