First ever suit against a Kickstarter company
GeekWire is reporting that the Washington State Attorney General has filed suit against a company that ran a Kickstarter campaign but has failed to deliver on their product or return any of the money.
From the report:
If you raise money via Kickstarter and don’t deliver products you promised backers, the government will come after you.
In what is the first consumer protection lawsuit involving crowdfunding, Washington State Attorney General Bob Ferguson today filed a suit against Ed Nash and his Nashville, Tenn.-based company, Altius Management.