Sotheby's may be liable for $4 million in missing diamonds, judge rules

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Sotheby's may be liable for $4 million in missing diamonds, judge rules
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Be careful what you sign — and read the fine print. That’s just one of the lessons from a convoluted lawsuit involving Sotheby’s and 45 yellow diamonds.

New York Be careful what you sign — and read the fine print. That's just one of the lessons from a convoluted lawsuit involving Sotheby's and 45 yellow diamonds.

Sotheby's may be liable for $4 million of disappeared diamonds, a state appellate court ruled this month, after the auction house allegedly released them to a person a lawsuit calls"a stranger."M&L Financial filed the lawsuit alleging it had given the diamonds to Sotheby's for appraisal in April 2019 and was considering a future consignment.

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