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Re: Update on Lawsuit against RCI (by R P.):

charles671 wrote:

this lawsuit which started in 2006,has now taken 2 years of manuvering around a very delicate issue involving all timeshare sales, who many are sold under false and overly aggessive tactics.Who is responsible for some of the mess. the general partners or the on site personnal,and who profits when the units comeback to be resold over and over. Who does the buyer contact on site to do problem resolution? Some of these sales tactics are not much removed from buying merchendise at a flea market or over the internet. l am sure that by the time the dust settles and all the lawyers get paid the poor shnooks that are the owners will get a good screwing.

Actually, this lawsuit has nothing to do with unscrupulous timeshare sales tactics whatsoever. RCI is an exchange company, they aren't in the business of selling timeshares.

From what I gather, this lawsuit concerns RCI allegedly renting deposits to the public and not using those deposits for member exchanges.

Many RCI members have been complaining in the last several years of not getting quality exchanges when they deposited quality weeks, but these quality weeks seem to show up on other rental sites affiliated with RCI.

I think this is what the lawsuit boils down to.