"Henry actually told me that at the present time he does not purchase or sell slabbed chips, but that he wants to remain on the list of boycotted dealers (I think he was the only remaining chip dealer) because he believes that one day it will be the basis of a lawsuit against the club."

In my layman's opinion..., if that is Henry's long term goal (to sue the club) ... then as club members we are ALL being sued ... and as individual club members perhaps we should ALL think twice about not supporting Henry by not making ANY chip purchases from him.