Texas Precious Metals Lawsuit Guide- Everything You Need to Know (Regularly Updated)!

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Have Texas Precious Metals ever been sued? Are there many lawsuits filed against this gold IRA company?

Are Texas Precious Metals a scam? Or are they one of the best gold US gold investment companies or not?

Read my guide below to find out!

Texas Precious Metals Lawsuit Guide- Everything You Need to Know (Regularly Updated)!
Texas Precious Metals Lawsuit Guide- Everything You Need to Know (Regularly Updated)!

Have Texas Precious Metals Ever Been Sued?

No, Texas Precious Metals have never been sued.

However, they have been involved in several lawsuits as plaintiffs. I detail these lawsuits right below.

Lawsuit 1- Texas Precious Metals, LLC v. MK Management Group LLC

Texas Precious Metals, LLC v. MK Management Group LLC, is a trademark infringement case filed in the U.S. District Court for the Southern District of Texas on February 18, 2025. Texas Precious Metals, LLC (TPM) is suing MK Management Group, LLC (doing business as MK Barz and Bullion) for allegedly using confusingly similar trademarks on its precious metals products. TPM claims this has harmed its reputation and caused customer confusion. The lawsuit raises federal and state claims, including trademark infringement and unfair competition. TPM is seeking an injunction to stop the infringement, damages, and other relief.

Lawsuit 1- Texas Precious Metals, LLC v. MK Management Group LLC
Lawsuit 1- Texas Precious Metals, LLC v. MK Management Group LLC- source

Lawsuit 2- Texas Precious Metals, LLC (TPM) has filed a trademark infringement lawsuit against Lincoln Treasury, LLC (Lincoln)

On October 31, 2024, Texas Precious Metals, LLC initiated legal action against Lincoln Treasury, LLC in the U.S. District Court for the Southern District of Texas. The lawsuit centers on allegations that Lincoln Treasury has adopted trademarks that create consumer confusion with TPM’s established brand identity in the precious metals industry.
Texas Precious Metals operates as a Texas-based limited liability company that has been manufacturing, marketing, and distributing precious metal products using its proprietary “Texas Silhouette Marks” since 2011. Over its 13-year operation, the company has facilitated client transactions exceeding $2.9 billion across more than 150,000 orders, handling over 2,351 metric tons of gold and silver.
Lincoln Treasury, an Ohio-based limited liability company, is controlled by Andy Kutscher. Notably, Kutscher previously owned United States Reserve, LLC (operating as Federated Mint), which was the subject of a 2017 trademark infringement lawsuit brought by TPM. That earlier dispute resulted in a confidential settlement agreement and licensing arrangement signed by Kutscher.

The current lawsuit builds upon the 2017 litigation, with TPM asserting that Kutscher has willfully violated the terms of their previous settlement by establishing Lincoln Treasury as a vehicle to continue infringing activities. TPM contends that Kutscher’s awareness of their trademark rights, established through the earlier legal proceedings, makes the current infringement intentional and deliberate.
TPM holds several registered image marks that form the basis of their claims. Their 2015 registration features a circular design with “TEXAS” positioned at the top arc, “PRECIOUS METALS” at the bottom arc, and a stylized outline of Texas with a five-pointed star overlay at the center. A subsequent 2017 registration covers the standalone silhouette of Texas. The United States Patent and Trademark Office has recognized both registrations as incontestable.

TPM has established a significant presence in the precious metals marketplace through multiple channels, including their high-traffic e-commerce site texmetals.com, physical retail operations, and precious metals storage services. The company distributes products nationwide and has earned recognition as an authorized bullion dealer by the United States Mint, alongside maintaining an A+ Better Business Bureau rating.
TPM argues that their marks have acquired distinctive character in the precious metals sector, transcending the mere geographic outline of Texas to represent their specific brand and quality standards.
The complaint alleges that Lincoln Treasury has begun manufacturing and distributing precious metal products, specifically “State Silver Bar” and “State Morgan Silver Dollars Rolls,” that incorporate Texas imagery substantially similar to TPM’s protected marks. These products are being marketed throughout Texas and nationally, creating what TPM characterizes as inevitable consumer confusion that threatens their established market reputation.

The lawsuit encompasses multiple causes of action under both federal and state legal frameworks, including violations of the Lanham Act for federal trademark infringement and unfair competition, as well as corresponding claims under Texas state law.
TPM seeks comprehensive monetary relief including actual damages, disgorgement of Lincoln Treasury’s profits, statutory damages, and reimbursement for expenses required to address market confusion. Additionally, they request permanent injunctive relief to halt further trademark infringement.
The plaintiff has also requested a jury trial under Federal Rules of Civil Procedure 38 and 39, along with applicable state and federal provisions.

Lawsuit 2- Texas Precious Metals, LLC (TPM) has filed a trademark infringement lawsuit against Lincoln Treasury, LLC (Lincoln)
Lawsuit 2- Texas Precious Metals, LLC (TPM) has filed a trademark infringement lawsuit against Lincoln Treasury, LLC (Lincoln)- source

Lawsuit 3- Texas Precious Metals, LLC v. Entoro LLC et al

TEXAS PRECIOUS METALS, LLC v. ENTORO LLC et al in the Texas Southern District Court is primarily a trademark dispute. Texas Precious Metals, LLC (TPM) has filed a declaratory judgment action to establish its right to use “‘Y’all Street’ marks”. This includes use for TPM’s podcast, silver products, and planned exchange-traded funds. The lawsuit follows a meeting in May 2025 where potential collaboration was discussed but negotiations failed. The lawsuit’s goal is to protect TPM’s trademark rights by addressing concerns about infringing marks used by the defendants.

Lawsuit 3- Texas Precious Metals, LLC v. Entoro LLC et al
Lawsuit 3- Texas Precious Metals, LLC v. Entoro LLC et al- source

Lawsuit 4- 22-039 – Texas Precious Metals, LLC v. d’Anconia Copper, LLC

Texas Precious Metals, LLC v. d’Anconia Copper, LLC (6:22-cv-00039) is a trademark infringement lawsuit filed in the U.S. District Court for the Southern District of Texas on October 3, 2022. Texas Precious Metals, LLC (TPM) accuses d’Anconia Copper, LLC, operating as Patriot Coins, of infringing on its federally registered image trademarks, specifically a silhouette of the State of Texas used in the sale and marketing of precious metals. TPM alleges that d’Anconia Copper is selling products with confusingly similar images, causing potential confusion and harm to TPM’s reputation and brand, including its A+ rating with the Better Business Bureau.

TPM seeks injunctive relief, damages, and other remedies under federal and state trademark law. Parties filed status reports and Texas Precious Metals moved for a temporary restraining order in October 2022.

The court case is presided over by Judge Drew B Tipton..

Lawsuit 4- 22-039 - Texas Precious Metals, LLC v. d'Anconia Copper, LLC
Lawsuit 4- 22-039 – Texas Precious Metals, LLC v. d’Anconia Copper, LLC- source

Lawsuit 5- Texas Precious Metals, LLC v. United States Reserve, LLC

Texas Precious Metals, LLC (TPM) filed a trademark infringement lawsuit against United States Reserve, LLC (USR) in 2017. TPM alleged that USR was making and selling products deceptively similar to TPM’s products, for which TPM held a registered US trademark. The case, filed in the U.S. District Court for the Southern District of Texas, had the case number 6:2017cv00037. The parties involved entered into a confidential settlement agreement and license in September 2017. The lawsuit involved claims of trademark infringement and unfair competition under both federal and Texas law.

Texas Precious Metals, LLC v. United States Reserve, LLC, No. 6:2017cv00037 - Document 7 (S.D. Tex. 2017)
Texas Precious Metals, LLC v. United States Reserve, LLC, No. 6:2017cv00037 – Document 7 (S.D. Tex. 2017)- source

Texas Precious Metals Lawsuit Guide- Everything You Need to Know (Regularly Updated)! Conclusion

Texas Precious Metals have never been sued. But they’ve sued other parties at least 6 times.

Texas Precious Metals are neither a scam nor a pyramid scheme. Instead, they’re a legit precious metal investment company helping American investors enrich their portfolios with gold, silver, platinum and palladium.

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Nikola Roza

Nikola Roza is a blogger behind Nikola Roza- SEO for the Poor and Determined. He writes for bloggers who don't have huge marketing budget but still want to succeed. Nikola is passionate about precious metals IRAs and how to invest in gold and silver for a safer financial future. Learn about Nikola here.

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