Suit Alleges Standardbred Auctioneer Failed to Notice $45K Reserve, Then Reopened Bidding after Hammer Fell at $15K

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A lawsuit filed in a Kentucky court Wednesday over a disputed Standardbred auction figures to be closely watched by the Thoroughbred industry because of allegations that a Lexington Selected Yearling Sales Company (LSYS) auctioneer belatedly realized he had dropped the hammer on a $15,000 sale without respecting a $45,000 reserve price that should have been

The post Suit Alleges Standardbred Auctioneer Failed to Notice $45K Reserve, Then Reopened Bidding after Hammer Fell at $15K appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.