Disclosure: Some of the links you’ll encounter are unique links. Click and buy something and I’ll earn some money, at zero expense to you. Thank you!
Money Metals Exchange has been involved in five legal cases.
First, in Stuppler v. Money Metals Exchange (2024), a trademark infringement dispute was privately settled by late 2025. Second, Money Metals sued LawChart.org in Idaho federal court for fraud. This case is still in active litigation. Third, a 2025 class-action against Kentucky’s Department of Revenue challenged a governor’s veto blocking a precious metals sales tax exemption; the legislature ultimately overrode the veto, resolving the core issue.
Fourth, two Idaho Supreme Court employment cases also involved the company: Hennig v. Money Metals Exchange examined whether an employee’s off-color internal joke justified denying unemployment benefits,. and fifth case is Castell v. Money Metals Exchange where the judge upheld the denial of benefits to an employee who concealed a conflict of interest.
Overall, none of these cases resulted in significant rulings against the company.
Lawsuit 1- Stuppler & Company v. Money Metals Exchange
In Stuppler & Company v. Money Metals Exchange (2024), a veteran precious metals firm initiated a lawsuit in the California Central District Court, alleging trademark infringement and unfair competition against Money Metals Exchange and associated parties. The litigation, which progressed through 2025 toward a Motion for Partial Summary Judgment, centers on accusations that the defendants used confusingly similar marks to misappropriate the plaintiff’s brand reputation within the competitive bullion market.
On September 19, 2025, the parties filed a Notice of Settlement along with a Joint Stipulation to postpone all upcoming dates and as of May 2026, the case is effectively resolved through this private agreement between the parties rather than a jury verdict or court judgment on the merits.
The terms of this settlement are confidential and non disclosed to the public.
This is the precious metal investment company from the U.S. that has never been sued and taken to court. Their customers rave about them in online reviews. Check them out when you’re done reading this Money Metals Exchange lawsuit guide.
Lawsuit 2- Money Metals Exchange v. LawChart.org
Money Metals Exchange, LLC filed a lawsuit against LawChart.org in the U.S. District Court for the District of Idaho on May 24, 2024, alleging fraud and property torts (Case No. 1:2024cv00257). The case, handled by Magistrate Judge Candy W. Dale, is proceeding under diversity jurisdiction with legal representation for the plaintiff established by July 2024.
As of today there’s no final verdict in the lawsuit Money Metals Exchange, LLC v. LawChart.org. This lawsuit which remains in active litigation within the U.S. District Court for the District of Idaho. The case is currently undergoing pre-trial motions and negotiations, with no formal settlement or public judgment filed.
This is the precious metal investment company from the U.S. that has never been sued and taken to court. Their customers rave about them in online reviews. Check them out when you’re done reading this Money Metals Exchange lawsuit guide.
Lawsuit 3- Money Metals Exchange v. Kentucky Department of Revenue
In 2025, Money Metals Exchange and Kentucky residents filed a class-action lawsuit against Governor Andy Beshear, challenging a line-item veto that blocked a sales tax exemption on precious metals. The lawsuit argued the veto was unconstitutional, prompting the legislature to pass HB 2, which retroactively legalized the exemption to August 2024. As a result, the state is required to refund taxes collected during the disputed period.
The case is currently before the Kentucky Court of Appeals. The Attorney General and Money Metals Exchange are arguing that the lower court should have respected the legislature’s specific commands in House Bill 2 (HB 2), which authorized direct lawsuits for refunds, interest, and legal fees.
Regardless of the lawsuit’s outcome, the underlying issue was resolved when the Kentucky Legislature overrode the Governor’s veto of HB 2 on March 27, 2025. This officially exempted bullion from sales tax retroactively to August 1, 2024.
This is the precious metal investment company from the U.S. that has never been sued and taken to court. Their customers rave about them in online reviews. Check them out when you’re done reading this Money Metals Exchange lawsuit guide.
Lawsuit 4- Hennig v. Money Metals Exchange
In Hennig v. Money Metals Exchange (2024), the Idaho Supreme Court reviewed whether an employee fired for using the phrase “good little Nazi” was eligible for unemployment benefits. Thomas Hennig claimed the remark, sent via internal message, was a self-deprecating joke about his strictness with rules. While lower authorities denied benefits based on workplace misconduct, the Supreme Court reversed the decision.
The court ruled that the Industrial Commission failed to properly evaluate whether Hennig’s single, non-malicious comment met the legal definition of “misconduct” required to deny benefits under Idaho law, remanding the case for further review.
I’ll make sure to update my guide when the verdict is reached.
Lawsuit 5- Castell v. Money Metals Exchange
The Idaho Supreme Court ruled in Castell v. Money Metals Exchange (2024) that an employee’s failure to disclose a conflict of interest, specifically regarding a partner’s employment claim, constituted misconduct justifying the denial of unemployment benefits. The court found that this dishonesty violated reasonable employer expectations, affirming the lower ruling against Nattalia Castell.
Money Metals Exchange Lawsuits- Has This Precious Metals Dealer Ever Been Sued? Conclusion
Money Metals Exchange has faced five legal cases. A 2024 trademark dispute with Stuppler & Company was privately settled. The company sued LawChart.org for fraud in Idaho federal court, which remains ongoing. A class-action challenged Kentucky’s governor for vetoing a precious metals sales tax exemption, though the legislature ultimately overrode the veto.
Two Idaho Supreme Court employment cases also arose: one involving an employee fired for an off-color joke (remanded for review), and another where an employee lost unemployment benefits for concealing a conflict of interest.
None of these cases resulted in significant rulings against Money Metals Exchange.
Overall, Money Metals Exchange is a legitimate and reputable gold IRA company that’s neither a scam nor a pyramid scheme.
I’ll update my guide regularly once new lawsuits, happen, and new verdicts (along with settlement amounts) are reached.
References:
- Stuppler & Company, Inc. v. Money Metals Exchange, LLC et al- https://dockets.justia.com/docket/california/cacdce/2:2024cv10206/949458
- Money Metals Exchange, LLC v. LawChart.org- https://dockets.justia.com/docket/idaho/iddce/1:2024cv00257/54788
- Hennig v. Money Metals Exchange- https://law.justia.com/cases/idaho/supreme-court-civil/2024/50457.html
- CASTELL v. MONEY METALS EXCHANGE LLC (2024)- https://caselaw.findlaw.com/court/spr-crt-ida-boi-sep-202-ter/116719005.html
Nikola Roza
Nikola Roza is the owner of Nikola Roza- Everything You Can Learn About Precious Metals. He writes for people who love precious metals and jewelry and who're interested in adding gold, silver platinum and palladium to their retirement portfolios. Nikola is passionate about gold IRAs and investing in multiple asset types for a safer financial future. He also runs a successful online jewelry store where you can buy precious metal jewelry and various replicas of famous coins and bars. Learn about Nikola here.
