KickTraq

For the first time, a Kickstarter campaign has been ordered by a state court to pay restitution and civil penalties for failing to deliver rewards to its backers. The judgment, filed July 22 in Washington state, sets a precedent there that companies and individuals who accept money through crowdfunding are beholden to deliver on their promises. (Read More)

Kickstarter is a site where people give money to see projects come alive and sometimes they fall through. And sometimes legal action is necessary. (Read More)

Back in May of 2014, Crowdfund Insider reported on the first state Attorney General to file suit against a rewards based crowdfunding campaign that had failed to deliver on its crowdfunding promise. This was no big, multi-million dollar crowdfunding project either. It was for a deck of playing cards with a “retro horror theme” called Asylum Playing Cards. According to the campaign page, 810 backers pitched in $9 and up to receive a deck of cards back in 2012. At that price point most people would have moved on except for the AG in the State of Washington, Bob Ferguson, he decided to take a stand against the issue of failure to deliver. (Read More)

For a while now I’ve subscribed to a blog called the Board Game Lawyer. The author, a lawyer named Zachary Strebeck, writes consistently insightful posts about the legalities of publishing board games. (Read More)

ICv2 has a report on what could be one of the first case of prosecuting Kickstarter fraud. (Read More)

Playing card game Asylum, which raised $25,000 on Kickstarter, allegedly failed to deliver on rewards for backers and is now facing legal ramifications. (Read More)

Kickstarter has been a success for many people and companies looking to get capital for new projects. However, some campaigns don’t reach the intended goal, and still some reach the goal but get delayed in giving rewards. (Read More)

The state of Washington has filed a lawsuit against Altius Management, the company behind the successfully-Kickstarted Asylum Playing Cards. Despite exceeding its initial goal of $15,000 by more than $10,000 in October 2012, rewards have allegedly failed to reach backers' hands. The suit seeks restitution for backers, the state's cost and attorney's fees, and $2,000 per violation of the Consumer Protection Act in civil penalties. (Read More)

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. (Read More)

Washington’s attorney general is taking consumer protection to the next frontier: crowdfunding. (Read More)

Ever wonder what happens to companies that raise money on Kickstarter but don't deliver on what they promised? If you mess with people in Washington state, the attorney general will come after you. (Read More)

If you raise money via Kickstarter and don't deliver the products you promised backers, the government will come after you. (Read More)