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Re: Manhattan Club Lawsuit (by Sue O.):
PRESS RELEASE: Zimmerman Law Group and Hoffberg & Associates are pleased to announce that on August 30, 2020 they filed a lawsuit in federal court in Manhattan, on behalf of more than one hundred owners of timeshares at The Manhattan Club (“TMC”) located in New York City, against TMC’s former and current operators - and their agents and management, for longstanding and persistent wrongdoing in connection with both misrepresentations and deliberate omissions of material facts made during the sale of TMC timeshares, and abusive post-sale operational practices at TMC that continue today. Unfortunately, the investigation conducted by the NY State Attorney General of TMC’s former operator for such wrongful conduct resulted in a premature “Discontinuance” of the investigation of TMC in 2017, provided negligible financial compensation to TMC timeshare owners, and failed to stop the wrongdoing that continues unabated today. The federal lawsuit filed last week asserts breach of contract, tortious interference with contract, fraud, breach of fiduciary duty, and most significantly repeated, pervasive acts of fraud over many years that give rise to liability under the federal Racketeer Influenced and Corrupt Organizations Act (“RICO”). The lawsuit seeks redress for the high annual maintenance fees and abusive reservation policies,which together with other wrongdoing have collectively rendered Plaintiffs’ TMC timeshares financially worthless. Please direct all inquiries regarding the suit to the Zimmerman Law Group by e-mail sent to jmz@tmcsuit.com.