Lawsuit Rocks the Yacht-Sales World

Alleges That Brokers and Their Associations Engaged in a Scheme That Cheated Thousands of Sellers

Mar 02, 2024

∙ Paid

"This article by Peter Swanson is what launched the special-edition series on the class-action suit that's been filed against a group of major players in the Yacht Brokerage sector of the recreational marine industry. Subsequent installments will, going forward, appear in both "Loose Cannon" (by Peter Swanson) and "For Yacht Builders, Buyers, and Owners" (by Phil Friedman)."

- Phil Friedman

*The Haarlem Painter's Guild* by Jan de Bray portrays men engaged in an early type of monopoly, which is what the yacht-sales industry is being accused of being in a sweeping lawsuit, filed in federal court earlier this week.

“Anti-competitive measures abound.”

For the past four years, yacht brokers have systematically cheated thousands of people trying to…

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