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by katie in category Art News | 2009/11/09 | (0) Comments
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Heritage Auction Galleries, the world’s third-largest auction house, is embroiled in a series of lawsuits involving one of its former consultants. On May 22, Gary Hendershott, a Little Rock, Arkansas, dealer in Civil War memorabilia and U.S. Western historical objects, sued Heritage and its six business partners in Dallas County’s 101st Judicial District Court under the federal RICO (Racketeer Influenced and Corrupt Organizations) Act and for violating several Texas state laws. He alleges that the Dallas-based firm used shill bidding to drive up prices "in surreptitious competition with other valid bidders."
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