Consumer claims carat weight of ring she purchased from The RealReal was overstated

By Noddy A. Fernandez | Dec 18, 2017

SAN FRANCISCO (Legal Newsline) – A Novi, Michigan resident has filed a class-action lawsuit against a San Francisco luxury consignment company over allegations that it overstates gemstone weights on its website.

SAN FRANCISCO (Legal Newsline) – A Novi, Michigan resident has filed a class-action lawsuit against a San Francisco luxury consignment company over allegations that it overstates gemstone weights on its website.

Gaby Basmadjian, individually and others similarly situated filed a complaint on Dec. 4 in the U.S. District Court for the Northern District of California against The RealReal Inc. for alleged violation of the California False Advertising Law and other counts.

According to the complaint, the plaintiff alleges that on Aug. 30, 2017, she purchased a ring from the defendant's website based in part on the representation that the ring contained 2.10 carats of diamonds. After receiving the ring for which the $982.62 purchase price was not returnable, plaintiff had the ring inspected and through detailed measurements, the ring was found to contain approximately 1.2 carats of diamonds. 

As a result, Basmadjian alleges she and other online buyers paid more than the actual price of the product and made to believe that the weight of the gemstones in jewelry sold was greater than the actual weight. 

The plaintiff holds The RealReal Inc. responsible because the defendant allegedly misrepresented and failed to disclose material facts about its product pricing and discounts.

The plaintiff requests a trial by jury and seeks restitution for herself and the class, costs of suit, pre and post-judgment interest, and such other and further relief as the court deems appropriate. She is represented by Keith Altman, Solomon Radner and Ari Kresch of Excolo Law PLLC in Southfield, Michigan.

U.S. District Court for the Northern District of California case number 4:17-cv-06910-DMR

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Excolo Law, PLLC U.S. District Court for the Northern District of California

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