Chicago Lawsuit Filed by Rolex AD Former Employee

[Walts]

Could the OP repost this thread ? I think it was lost . Thanks

[Etschell]

was not the OP but here we are:

https://www.scribd.com/document/4943...1-00775-0001-0

and

https://www.sec.gov/Archives/edgar/c...17946/0003.txt

[Knappo 1307]

Originally Posted by Etschell

was not the OP but here we are:

https://www.scribd.com/document/4943...1-00775-0001-0

and

https://www.sec.gov/Archives/edgar/c...17946/0003.txt

Thanks Elliot, was going to start a new thread and ask for this myself. The read is well worth it. What a toxic work environment at that AD...

[TswaneNguni]

Originally Posted by Etschell

was not the OP but here we are:

https://www.scribd.com/document/4943...1-00775-0001-0

and

https://www.sec.gov/Archives/edgar/c...17946/0003.txt

Thanks again !

[edsalem]

I filed a lawsuit against CD Peacock years ago for selling my client a used pearlmaster but claimed it was brand new with Rolex’ warranty. Watch was if I recall at least 8 years old and owned by the CEO’s wife. My client got her new pearlmaster and Peacock to pay for my legal fees. I’m not surprised by the current lawsuit.

[RoscoPico]

guessing this only ends up hurting that AD

[Overwound]

Thanks for sharing the links again Etschell! It's a shame the thread wasn't moved. I guess it was deleted while whatever cleanup and updates went on yesterday afternoon and last night.

Some were hoping this brings changes to how watches are allocated and purchased. Maybe Rolex will tighten things up so watches aren't so easily shipped off to gray market dealers. Others thought it was simply a matter over upset employees wrongfully let go but it won't go past that since it's a civil lawsuit.

Still, those RICO charges and plenty of alleged criminal activity is listed in the documents so can it evolve into a criminal lawsuit?

[fskywalker]

Thanks for sharing!


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[ciceroyeah]

Dealergate.

Except everyone already knows a lot of dealers are involved in shady stuff like this due to the opportunity to profit from insatiable demand in Asia (China specifically).

[SPMN]

Wow. I missed this thread the first time around. Quite damning. I really hope the AD gets hammered by the law and Rolex to hopefully instill some fear into the thousand other AD's doing the same.

[TswaneNguni]

Originally Posted by edsalem

I filed a lawsuit against CD Peacock years ago for selling my client a used pearlmaster but claimed it was brand new with Rolex’ warranty. Watch was if I recall at least 8 years old and owned by the CEO’s wife. My client got her new pearlmaster and Peacock to pay for my legal fees. I’m not surprised by the current lawsuit.

Surely the plaintiff's legal team will do their homework on this info ...

It's absolutely shocking !!

[EEpro]

Wow. Following.

[SMD]

The gist is that the dealer allegedly violated their agreement with Rolex (a commercial dispute) and therefore Rico? How could this be criminal? This is a reminder that it is way too easy to get into law school. Lawsuit is going nowhere.

[illiguy]

The pleading was a fascinating read. Thanks for sharing.

[illiguy]

Originally Posted by SMD

The gist is that the dealer allegedly violated their agreement with Rolex (a commercial dispute) and therefore Rico? How could this be criminal? This is a reminder that it is way too easy to get into law school. Lawsuit is going nowhere.

The commercial dispute is one component. The much larger concerns are tax evasion - interstate - and labor & employment retaliation.

[NavyChief52]

Looks like this one was lost in the forum/database restore that apparently happened. I didn't start it, so apologies to the OP for attempting to get it listed here again.

Here's the link that was posted earlier.
https://www.scribd.com/document/4943...1-00775-0001-0

Justia shows https://dockets.justia.com/docket/il...cv00775/396016 Filing 6 MOTION by Defendant C.D. Peacock, Inc. to seal document complaint,, #1 (EMERGENCY) (Attachments: #1 Exhibit Exhibit A, #2 Exhibit Exhibit B, #3 Exhibit Exhibit C)(McFetridge, Jane)

[JLM3]

Wow!!!

[crew]

Originally Posted by SMD

The gist is that the dealer allegedly violated their agreement with Rolex (a commercial dispute) and therefore Rico? How could this be criminal? This is a reminder that it is way too easy to get into law school. Lawsuit is going nowhere.

Originally Posted by illiguy

The commercial dispute is one component. The much larger concerns are tax evasion - interstate - and labor & employment retaliation.

"Tax evasion" meaning sales taxes? Possibly, but the burden of proof would seem high.
There’s a lot of "he said, she said" here.
I would tend to agree with SMD that this lawsuit isn’t going very far. Plaintiff will be lucky to get an out of court settlement from employer, nothing more. Just my opinion.

[illiguy]

Originally Posted by crew

"Tax evasion" meaning sales taxes? Possibly, but the burden of proof would seem high.
I would tend to agree that this lawsuit isn’t going very far. Plaintiff will be lucky to get an out of court settlement from employer, nothing more. Just my opinion.

Agree that this will settle between Plaintiff and CDP. 98% of lawsuits settle. The damage - in court of public opinion - has already been done, however.

I would also not be shocked if Rolex pulls CDP’s authorized dealer status. Whether they agree or not, they don’t want to be dragged into these types of matters.

[crew]

Originally Posted by illiguy

Agree that this will settle between Plaintiff and CDP. 98% of lawsuits settle. The damage - in court of public opinion - has already been done, however.

I would also not be shocked if Rolex pulls CDP’s authorized dealer status. Whether they agree or not, they don’t want to be dragged into these types of matters.

Absolutely. Almost a done deal, I’m sure.

[NavyChief52]

Please delete this, I see the original is restored.
Thanks

[goodolejr]

Originally Posted by NavyChief52

Please delete this, I see the original is restored.
Thanks

Any chance you can send a link to it?

[NavyChief52]

Originally Posted by goodolejr

Any chance you can send a link to it?

This is where it is now
https://www.rolexforums.com/showthread.php?t=788960

[Knappo 1307]

I’m actually at the Oakbrook mall right now and went into CD, it’s a ghost town. If you want a 36mm dd or Cellini, you’re in luck.

[btinl]

I hope they lose their AD status.

[CFR]

Originally Posted by illiguy

I would also not be shocked if Rolex pulls CDP’s authorized dealer status.

I also wonder if anything went on with their Patek pieces.

[VintageVagabound]

Originally Posted by SMD

The gist is that the dealer allegedly violated their agreement with Rolex (a commercial dispute) and therefore Rico? How could this be criminal? This is a reminder that it is way too easy to get into law school. Lawsuit is going nowhere.

I believe they’re trying to lay out how she was a whistleblower to criminal activity. Some of it does seem like a stretch but if there was no criminal act she wouldn’t have a case charging retribution against a whistleblower

[SMD]

Originally Posted by VintageVagabound

I believe they’re trying to lay out how she was a whistleblower to criminal activity. Some of it does seem like a stretch but if there was no criminal act she wouldn’t have a case charging retribution against a whistleblower

I understand, but if that were the true motivation you would lay out the whistleblower statute and then apply your facts to that situation to show you were dismissed inappropriately and that you should be entitled to whatever compensation or remedies set out the statute. But they don't do that and instead try to make the AD look bad (perhaps justifiably who knows, this is only the complaint after all). and throw around RICO and mail and wire fraud as though they have any standing whatsoever to do anything of the sort. This is a garbage complaint and its not going anywhere.

[77T]

Originally Posted by SMD

and throw around RICO and mail and wire fraud

Yep - a kitchen sink to support their future discovery and deposition list.

As other said, will settle since they only ask lost pay and emotional distress + court costs & legal fees.

$100K likely to plaintiff + fees.


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[Chromosome]

Rolex is a joke at this point. Why don't they just up production and release more watches into circulation? This will kill the flippers. The 'grey market value' of Rolex watches will decrease but so what? I believe luxury watches should depreciate and people who can't afford to take the hit can't afford to own them! The real ballers can afford to lose the money