Prestigious auction house, Juliens, on Monday said it won a lawsuit brought against the company by a French Canadian after Michael Jackson’s Neverland auction was canceled.

[ad#Google Adsense 300x250 in story]Richard LaPointe said he was a collector of Jackson memorabilia. Apparently he placed absentee bids which totaled $6,500 for 14 items when the auction was first announced.

However, Jackson decided to cancel the auction, so none of the items were sold. LaPointe said he suffered $126 million in damages because he didn’t get the items before Jackson died.

A jury in Los Angeles found that LaPointe’s case had no merit whatsoever.

Darren Julien, President of Julien’s Auctions said what many of us are feeling about these types of lawsuits.

“It is opportunists like Mr. Richard LaPointe and his attorney Nicholas Hornberger that fill up our courts and the valuable time of our judges with frivolous and malicious lawsuits against individuals and companies who work hard to make an honest living,” Julien said. “Our reputation stands on its own and we have every intention to pursue Mr. LaPointe and Mr. Nicholas Hornberger for malicious prosecution and all court and attorney costs.”