Original Message:
Re: PERHAPS IT'S TIME FOR A CLASS ACTION LAWSUIT .... (by Gary M.):
I have been contacted by a Law Firm that specializes in class action suits and initially they are showing interest. At this stage they have taken information from me and will investigate as to whether this is a feasible case for them. Like Ken has stated if they were to act upon this it would be against the company I have supplied information on only. Other companies would need to have suits brought against them individually.
The company I have dealt with has been in business over 10 years and has sales in the millions each year. This is a key factor in any class action suit since it shows the company has a stable (if not ethical) history and will provide a better chance for the class action to result in a judgment or settlement. Many advance fee resale company's are started by an ex sales rep from another company and are small operations with sales less than a million a year. These are not cases where an attorney would pursue any class action against them. Once again as Ken has stated, class action suits are expensive and long and there has to be a good potential of the suit being successful before it will be taken on by a firm.
There still is a very good chance the firm I have been contacted by will not accept this case on behalf of the timeshare owners that have been ripped off by the company I have dealt with. Although I do have more in depth documentation on how this company has misled timeshare owners and to whom they have done it to.
Even if they don't accept this case I still agree with jayjay, everything possible must be done to try and stop these rip off professionals. Is that a difficult task, absolutely it is but it's better to do something than nothing.
I'm not a party to any class action suit that would result but if by some small miracle one did come about that helped victims of an advance fee resale company then that's going to make it worth it to me.