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Looking to learn whether American Hartford Gold has ever been sued. Are they involved in active lawsuits at the moment?
And what are the customer complaints about this US-based gold and silver IRA company?
My guide below tells you everything you need to know.
Use these jump links to get there quicker:
Table of Contents
American Hartford Gold Lawsuits
When doing my research on the web I found three mentions of lawsuits against American Hartford Gold.
They’re listed right below.
Kevin Sullivan vs American Hartford Gold
On August 21, 2020, Kevin Sullivan filed a Contract – Business lawsuit against American Hartford Gold Group in the Los Angeles County Superior Courts located at the Spring Street Courthouse in Los Angeles, California. The judge presiding over the case is Yvette M. Palazuelos. The status of the case is currently pending with other matters outstanding.
Robert Scheff vs American Hartford Gold
On December 11, 2020, Robert Scheff filed a labor-related lawsuit against The Hartford Gold Group, LLC in the Los Angeles County Superior Courts at the Stanley Mosk Courthouse in Los Angeles, California. The judge overseeing the case is Stephen I. Goorvitch. The current status of the case is pending with other outstanding matters.
Mathys vs. American Hartford Gold
The suit alleges that Mr. Mathys was defrauded of at least $300,000 on $600,000 worth of gold and silver he purchased.
The defendants filed a motion asking the court to compel the plaintiff to resolve the dispute through arbitration rather than through a lawsuit in court.
The court agreed with the defendants and granted their request.
By granting the motion to compel arbitration, the court is requiring that the dispute be handled through arbitration instead of continuing as a lawsuit in court.
This means the court case will be dismissed or stayed, and the claims will have to go through the arbitration process laid out in the parties’ agreements rather than being litigated in court.
Is American Hartford Gold a Legit Gold IRA Company?
American Hartford Gold is a legit gold IRA company.
They’ve been in business since 2015 and have helped thousands of American savers and investors diversify their retirement savings with precious metals.
American Hartford Gold also have excellent scores and rating on major consumer watchdog websites.
Take a look:
- BBB- 4.9/5 and A+ score;
- ConsumerAffaires- 4.7/5;
- Trustpilot- 4.9/5;
- Trustlink- 5/5.
And here are some of the positive reviews from happy American Hartford Gold customers.
American Hartford Gold Complaints
Now let’s take a look at some of the complaints about American Hartford Gold on these customer watchdog websites.
Here’s someone complaining that after they completed their transaction order on 9/18/23 it took AMG more than a month (10/24/23) to get back to them and claim the transaction was never processed. The would-be buyer was left confused.
Here’s another person who bought precious metals from American Hartford Gold. The sale went smoothly, but their complaint is that it took too long (more than a month) to get a confirmation, and at one point, this person thought they’ve been scammed (read my gold IRA scams guide next).
This buyer suggested American Hartford Gold should be more proactive about notifying customers about what’s going on with the precious metals they bought.
They should be more upfront about how these things work. They should have would have told me, “Hey, wherever you’re putting your money in a depository, it might take a month or two. So, be patient.” All in all. it’s a good idea to back up with some sort of silver or gold. With American Hartford Gold, be patient and it’s gonna come through.
Here’s another example of a complaint about American Hartford Gold.
This buyer bought coins from American Hartford Gold. Their complaint is that it took too long to deliver those coins.
There’s also a reply from AHG directly beneath where it says shipping was slower than normal because it was during the Corona pandemic.
American Hartford Gold Lawsuit and Complaints Guide (Conclusion)
My guide to the American Hartford Gold lawsuits and complaints is over.
Have you learned something new?
American Hartford Gold is an excellent gold IRA company and there are hundreds of positive reviews of this company across a handful of consumer watchdog websites.
Yes, there are some lawsuits and complaints as well, but very few compared to the massive positive feedback on the web.
LMK what you think in the comment section below.
Nikola Roza is an affiliate marketer and blogger behind Nikola Roza- SEO for the Poor and Determined. He writes for bloggers who don't have huge marketing budgets and who still want to carve out a niche online and a better life for themselves. He's also passionate about precious metals IRAs and how to invest in gold and silver for a safer financial future. Learn about Nikola here, or read his blog posts and guides here.