Columbus, OH – According to Thoroughbred Daily News, Val D’Or Farms has filed a civil complaint in Kentucky after bidding on and purchasing a filly, Philly’s Sting, for $15,000 via proxy at the Lexington Selected Yearling Sales Company Sale.
In the story, author T.D. Thorton wrote, “According to the civil complaint initiated by the New Jersey-based Val D’Or Farms, which thought it had rightfully purchased the filly, named Philly’s Sting, for $15,000 via proxy bid, the auctioneer purportedly tried to cover his alleged mistake by reopening the bidding on the premise that there had actually been a tie bid.
The auctioneer then commenced to get the price up to just under the reserve, declaring the yearling sold to a different buyer.”
Thorton further explains that, “According to the lawsuit, ‘neither the Auctioneer, nor LSYS, nor anyone acting on their behalf or control, including spotters, observed, received, and acknowledged a tie bid during and/or prior to the fall of the Hammer, [and] the Auctioneer had no right to and improperly, negligently, intentionally, and/or recklessly reopen the bidding on Philly’s Sting.’”
The lawsuit seeks to have the horse delivered to Val D’Or Farms for the $15,000 bid that was accepted at the sale.
To read the complete story on Thoroughbred Daily News, click here.