Borders Sued by Indie Publisher for $1,000,000.

Some may see this as the David vs. Goliath story of 2008: Indie publisher Jasmine-Jade Enterprises has filed a lawsuit against Borders Books for deliberately placing “excessive” orders of their books. Jasmine-Jade has also filed a suit with major book distributor Baker & Taylor for “conspiring” with Borders. Borders used B&T to return the unsold inventory. Jasmine-Jade CEO Patricia Marks has issued a statement, saying “The practice of excessive returns is crippling the industry. It is especially hard on small publishers, who can’t absorb the staggering costs." She added: "We tried very hard to work out a solution to the problem before filing our complaint.”