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Re:Man sued for $30K over $40 printer he sold on Craigslist by tacon on Monday June 06, 2016 @03:45PM (#11849720)
It's usually called vexatious litigation, and many jurisdictions have list of vexatious litigants, whose filings go through a special judicial review before being accepted into the system:

https://en.wikipedia.org/wiki/Vexatious_litigation

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