This is NOT misleading click-bait (unfortunately).
You've obviously done a lot of homework, so this may redundant, BUT a formal complaint against the auctioneer through your state's Attorney General should be much faster and cheaper than a formal lawsuit. Once the stage is set to show the likely outcome of a legal proceeding, you have a lot more leverage to force negotiations for an equitable settlement (or at least arbitration). I found this link:This is NOT misleading click-bait (unfortunately).
ca·ve·at emp·torCaveat emptor
That’s true - and I feel for your situation.ca·ve·at emp·tor
the principle that the buyer alone is responsible for checking the quality and suitability of goods before a purchase is made.
I agree. However, I am not complaining about the quality and suitability of the good.
They SAID they were selling me something. Turns out, they had nothing to sell.