In the suit description it is an interesting theory B-J is claiming that people pulled cars out of the Palm Beach (no reserve) auction because of this guys actions. I suspect that people choosing to pull out of this next no reserve auction has more to do with a little softer numbers at the 07 B-J than in 06.
This lawsuit only reinforces why I would never use a no reserve auction. Bad PR move for B-J to initiate this suit.