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Re: Class Action Against Diamond Resorts? (by Justin S.):
I've written my letter to them this morning, asking them how they can force a cease and desist from advertising upon me when it was their sales representatives that enticed me along that route, and then used it as part of their sales pitch again in 3 yrs time. If Diamond have decided that they now have a strict 'no rental' policy on their points, it certainly wasn't there in the sales table when I bought. I'm now waiting to see how they respond. In any case, they have taken all value out of these timeshares anyway. All it appears to me is that they want to now function like a bank. When the regulators and govt came up with the bailout, that was just the start of this. If you look at how Diamond now conducts its business, and how it accounts, and how it does everything, it is behaving like a financial company. The failure to prosecute the banks led to an open door policy, and a lot more people are going to get hurt by this now.