Universal Express Receives Return of Its Jackson Property

July 31st, 2007

At a hearing in a New Jersey court, Universal Express received a court order to have all of its unsold property in the Jackson Memorabilia collection returned to them from Nevada attorneys, and a New York warehouse.

“It’s unfortunate that this auctioneer required a court order and much effort to have our property returned to us. Our next step will be the return of monies collected, damages and an investigation into our auctioneer’s business practices during and after the auction,” said Richard Altomare, Chairman and CEO of Universal Express, Inc.

“As we re-group our collection, and plan future musical endeavours with that collection, the first unexpected obstacle appears to be behind us. During the past few months the behaviour of our auctioneer has created multiple issues and it will be dealt with appropriately,” concluded Mr. Altomare.

Source: Marketwire

Category: General News