Lawsuit Against US Money Reserve: What Exists, What Is Closed
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If you searched for a lawsuit against US Money Reserve, here is the short answer as of October 8, 2026: there is no open consumer class action, no settlement, no claim form and no deadline. The newest case — filed September 30, 2026 — is a trademark suit that U.S. Money Reserve itself brought against another precious-metals seller. The cases buyers remember are older: a 2011 Texas Attorney General restitution agreement and a 2015 class action that closed the same year.
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Reviewed by Leonard Goldberg, Editor · Last updated
What the Cases Against U.S. Money Reserve Alleged
U.S. Money Reserve is a private coin and precious-metals dealer in Austin, Texas, which has also done business as United States Rare Coin and Bullion Reserve. It is not part of the U.S. Mint or the government; its own disclaimer says it is “not affiliated with the U.S. Government or the U.S. Mint.”
The consumer cases share one theme. The Texas Attorney General alleged the company advertised $5 bullion American Gold Eagles at no dealer mark-up to get people to call, then steered callers to far more expensive commemorative coins described as better at holding value. The 2015 class action alleged the same pattern: its named plaintiff said she was called 14 times in 7 months, bought over $250,000 of coins, and later had them appraised at less than 1/3 of the price. These are allegations. The company “adamantly denies” them in the Texas agreement, and no court ruled on the prices.
Case Details
Texas Attorney General (state court, closed). State of Texas v. U.S. Money Reserve Inc., Cause No. D-1-GV-11-001818, 419th Judicial District, Travis County. The court approved an Assurance of Voluntary Compliance on November 15, 2011. It is expressly not an admission of wrongdoing.
Stux class action (federal, closed). Stux v. U.S. Money Reserve, Inc., No. 2:15-cv-05955, U.S. District Court for the Central District of California, filed August 6, 2015 with Fidelity Gold & Bullion as co-defendant. Claims included negligence, unjust enrichment, California's unfair competition law and federal RICO. The docket closed on November 4, 2015, after 90 days; the outcome is not public.
Trademark suit by the company (federal, new). U.S. Money Reserve, Inc. v. Sanctuary Metals, LLC et al., No. 8:26-cv-02885, Central District of California, filed September 30, 2026 under the Lanham Act, 15 U.S.C. § 1125. Here U.S. Money Reserve is the plaintiff. Customers are not parties.
Status: Nothing Open for Customers
The only fresh docket activity is the September 30, 2026 trademark case, in which the company is suing, not being sued. As of the last docket listing we could see, it contained only opening filings: complaint, civil cover sheet, summons requests and a corporate disclosure naming USG Intermediate, LLC as parent.
Other federal suits naming the company — U.S. Money Reserve v. Kagan (W.D. Tex. No. 1:18-cv-00577, judgment April 17, 2019), plus Dow, Labertew, Faber and Young — were all closed by June 30, 2022. Some websites still say class claims “continue in federal court”; we found no record supporting that.
Who Was Covered — and Who Is Now
Texas restitution (2011). It covered proof and mint-state American Gold Eagles and qualifying commemorative coins bought on or after May 1, 2005 through December 31, 2010. The buyer had to prove eligibility and return the coins. That program ran under a 2011 court order; there is no current enrollment.
Stux class (2015). The proposed class was buyers of commemorative coins since 2005, excluding people who already got relief under the Texas program. The docket closed in 2015 and the outcome is not public; we found no record of a class settlement or fund.
Today. There is no class to join. If you believe you were misled on a specific purchase, that is an individual dispute — your own records, call dates and invoices are what matter.
What Was Paid Before — and What Is Payable Now
The 2011 Texas agreement is the only documented customer payout program. Total restitution was capped at five million dollars, split by purchase year: up to $450,000 for 2005 purchases and up to $910,000 for each year from 2006 through 2010. A qualifying buyer returned the coins and received 100% of the purchase price plus insured return shipping, payable within thirty days of the company receiving the coins. Claims within a year were paid in the order the coins arrived until that year's cap ran out.
The 2015 class action produced no public settlement or fund.
US Money Reserve Lawsuit Timeline
- 1
May 2005 – December 2010 — The Sales at Issue
The purchase window later covered by the Texas restitution program: Gold Eagles and commemorative coins bought from May 1, 2005 through December 31, 2010.
- 2
November 15, 2011 — Texas Agreement Approved
A Travis County court approves the Attorney General's Assurance of Voluntary Compliance: up to five million dollars in restitution and new sales rules, including calls only from 9:00 a.m. to 9:00 p.m. local time. No admission of wrongdoing.
- 3
August 6, 2015 — Stux Class Action Filed
Filed in the Central District of California (No. 2:15-cv-05955) for commemorative-coin buyers since 2005, alleging misleading sales tactics.
- 4
November 4, 2015 — Stux Case Closes
The docket closes after 90 days. The outcome is not public.
- 5
2018 – June 30, 2022 — Individual Suits Close
Kagan (judgment April 17, 2019), Dow, Labertew, Faber and Young end without any class-wide payout.
- 6
September 30, 2026 — The Company Sues
U.S. Money Reserve files a trademark case against Sanctuary Metals, LLC and others (No. 8:26-cv-02885). As of October 8, 2026 no consumer case is open.
Three Things to Watch For
A familiar brand, older buyers and no real claim process is the setup imposters look for:
“Claim your US Money Reserve settlement”
There is no open settlement and no claims site. The Texas restitution was run under a 2011 order and is not taking new enrollments. Anyone asking for your account details or Social Security number to “release your refund” is not an administrator.
Recovery services charging upfront
Coin buyers who lost money are a known target for “asset recovery” firms that promise to get the money back through a lawsuit for a fee in advance. No class action is open to recover through.
Look-alike names and the wrong case
Nationwide Coin & Bullion Reserve is a different Texas dealer, and a federal case against it (S.D. Tex. No. 4:18-cv-04146) often appears in searches for this company. Check the defendant's exact name before acting on any case or notice.
US Money Reserve Lawsuit — Questions People Actually Ask
Is there a lawsuit against US Money Reserve right now?
Not by customers, as of October 8, 2026. The only new federal case is a trademark suit the company itself filed on September 30, 2026 against Sanctuary Metals, LLC and others in the Central District of California. Earlier consumer cases are closed.
Is there a US Money Reserve class action settlement I can claim?
No. There is no settlement, no claim form and no deadline. The 2015 Stux class action closed on November 4, 2015 and the outcome is not public.
What was the Texas Attorney General settlement?
An Assurance of Voluntary Compliance approved November 15, 2011 in Travis County (Cause No. D-1-GV-11-001818). The company agreed to up to five million dollars in restitution for coins bought May 1, 2005 through December 31, 2010, and to change its sales practices, without admitting wrongdoing.
Can I still get a refund under the Texas agreement?
We found no evidence the program is still open; it was tied to coins bought through December 31, 2010 and to yearly restitution caps. If you believe you qualified and were never paid, the Texas Attorney General's Consumer Protection Division is the office that enforced it.
What did the 2015 class action claim?
Stux v. U.S. Money Reserve (No. 2:15-cv-05955) alleged that buyers were sold commemorative coins as investments using bullion-style sales pitches, at prices far above resale value. The company did not concede those claims, and no court decided them.
Is US Money Reserve part of the U.S. Mint?
No. It is a private dealer in Austin, Texas. Its own disclaimer says it is not affiliated with the U.S. Government or the U.S. Mint.
Why does a different company's lawsuit show up when I search?
Similar names. Hatch v. Jones (S.D. Tex. No. 4:18-cv-04146) concerns Nationwide Coin & Bullion Reserve, not U.S. Money Reserve. Always check the exact defendant name on a docket.
I think I overpaid for coins. What can I do?
Gather invoices, call dates and any recordings or letters, and get an independent appraisal. Then you can file a complaint with your state attorney general or consult a licensed attorney about an individual claim. Watch your purchase contract for an arbitration clause.
Separate from this case: were you injured in the last 2 years?
Class-action payouts are fixed amounts through an administrator. A personal injury claim is a different case — and often worth far more. Free estimate, no obligation.
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