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Attorney General's News Release

April 7, 2014

AG obtains restraining order on auction house

Jefferson City, Mo. – Attorney General Chris Koster announced today that he has obtained a temporary restraining order from the St. Louis County Circuit Court, prohibiting Ivey-Selkirk Auctions and Appraisals from conducting further business and disposing of items and documents while an investigation and civil lawsuit move ahead.

Koster is investigating Ivey-Selkirk for failure to pay consumers for consigned items sold at auction. Today's restraining order is related to a civil petition filed on April 3 accusing the company of unfair business practices and making false promises in violation of Missouri's Merchandising Practices Act.

Malcolm Ivey operates Ivey-Selkirk Auctions and Appraisals on Forsythe Boulevard in Clayton.  Koster's lawsuit said that, over the last several months, approximately forty consumers have complained to his office that they did not receive payment for items the company auctioned on their behalf. Others complained of payment checks returned for insufficient funds. Consumers have reported that calls to the company are unreturned and doors are locked during business hours. 

On April 1, the Attorney General's Office worked in cooperation with Clayton Police Department and St. Louis County Prosecuting Attorney Bob McCulloch to execute a search warrant of the offices of Ivey-Selkirk, in furtherance of the investigation.

"We are examining very closely the circumstances that apparently led this company to cease doing business, leaving consumers without payment," said Koster. "Our priority is to protect consumers who never received the money they were owed."

Koster's civil petition asks the St. Louis County Circuit Court to permanently prohibit Malcolm Ivey from offering auction services in Missouri, to provide consumers their money or their items back, to pay civil penalties, and to reimburse the state for the cost of the investigation.

Koster encourages Ivey-Selkirk consumers who did not receive payment for items the company auctioned to file a complaint with his office's Consumer Protection Division by calling 800-392-8222 or online. Anyone with information on Ivey-Selkirk should contact the Attorney General's Office at 800-392-8222.



 
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