Gold Mining & Gold Junkie, Inc., or G&G, is the parent company of gold mining company Goldmine Jewelers, Inc. and its parent company Jewelers Gold Group Inc., which together operate about 1,000 retail gold jewelry stores in 10 states, according to its website.
The group has been under investigation since the mid-1990s by federal regulators and has filed for bankruptcy protection, according a statement from the company.
In June 2018, a judge ordered G&Gs parent company, Goldmine, to be shut down and the group to pay $20 million in civil penalties, according in a statement.
The company has not commented publicly on the lawsuit.
Gold Mine Jewelers Inc. is based in New Jersey.
Gold Mine Group Inc. in New York is owned by Goldmine Inc., and Goldmine Group Inc.’s parent company is Goldmine Junkie Inc. G&GC declined to comment on the suit.
The lawsuits filed in California, New York, Pennsylvania and Virginia alleged that Goldmine Gold Group LLC and its affiliates “engaged in a conspiracy, with intent to defraud, by using the Goldmine name, logo and marks to commit fraudulent business practices, and to defame and disparage” Goldmine and its employees.
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