Post reply
Original Message:
Re: Against RCI/II Rules to Rent out Exchanges (by KC):
joanp60]has asked, quoted in pertinent part:
>> Do you think there is a downside of joining this class action suit? << =======================================
At this late juncture, I personally don't see any potential benefit OR downside to your joining. In fact, I'm not sure that you even have an option at all to join in at this particular time. The web site which you've cited has not been updated or changed to reflect any of the more recent court developments in the case.
I posted specific update info (quoted directly from the court) in a RedWeek forum thread a few weeks ago, but RedWeek has no search function by which to now easily locate that posting. In short summary, however, case progress is currently stayed (i.e., halted) right now, pending a class certification decision. Specific dates (all of them in this summer) have already been identified by the court for each party to submit / respond to class certification arguments. Meanwhile, some people speculate that RCI may be busily "sanitizing" its internal records in order to look better in court. I don't claim to know whether or not that speculation has any merit (but if true, it certainly wouldn't surprise me). If the class certification is not granted by the court, the "class action" case essentially goes down the drain, leaving any and all discontented RCI members to then have to sue RCI on their own, individually. Personally, however, I'd be willing to bet that the class certification WILL be granted by the court --- and relatively soon (within a few weeks). However, I readily admit to having no crystal ball to consult for any guarantees....