An Auburn company that sells gold and silver bullion and coins to investors failed to deliver products on time and gave refunds that were unfair to customers, the state said in a lawsuit filed Wednesday.

The attorney general’s complaint, filed in King County Superior Court, accuses Northwest Territorial Mint of violating the state Consumer Protection Act and seeks penalties of up to $2,000 per violation and refunds for customers.

Ross Hansen, company owner, said the company sometimes has been late in its deliveries to customers because the U.S. and Canadian mints have shipped items late to his company, but he said he has caused no financial harm to his customers. Read Full Story

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