RCI lawsuit?

[VA_Traveller Senior Member Find all posts View Profile Close VA_Traveller]

Did anyone get an email inviting them to file a claim on a classaction suit against RCI weeks?

[riverdees05 Platinum Contributor Find all posts View Profile Close riverdees05]

Yes, got one this morning.

[Sokol Junior Member Find all posts View Profile Close Sokol]

Received it as well. Trying to figure out how to respond

[tabbyc Senior Member Find all posts View Profile Close tabbyc]

Copy of email

You May be a Member of a Class Action Settlement Regarding RCI Weeks® Timeshare Program and Entitled to Benefits

A Settlement has been reached in a class action lawsuit that claims that RCI, LLC unlawfully rented or otherwise disposed of timeshare inventory deposited by members of the RCI Weeks® Exchange Program. RCI denies any wrongdoing.

The Settlement affects anyone who was a member of the RCI Weeks® Exchange Program at any time from January 1, 2000 through August 31, 2009. If the Settlement is approved, Settlement Class Members who submit Claim Forms may receive monetary, travel-related or program benefits. Claim Forms must be submitted to the Settlement Administrator by November 20, 2009. If you previously submitted a Claim Form, you do not need to submit a new Claim Form.
If you wish to exclude yourself from the lawsuit and keep your right to sue RCI on your own, you must send a written request for exclusion to David Berman, P.C., P.O. Box 111, Morristown, NJ 07963-0111 by November 20, 2009. If you do not exclude yourself, you will be bound by the Court's ruling in the case.
If you do not exclude yourself, you can enter an appearance in Court through your own attorney at your own cost. You may also object to or comment on the Settlement. Objections and/or notices of appearance must be filed with the Clerk of the Court by November 20, 2009 and mailed to Class Counsel and counsel for Defendant.
The Court will determine whether to approve the Settlement at a Fairness Hearing on November 30, 2009 at 2:30 p.m. at the United States District Court, 402 East State Street, Trenton, New Jersey 08608.

For Detailed Information and a Claim Form
Visit: RCI Weeks Exchange Program Settlement, Call: 1-866-783-5876 ,
or Write: Settlement Administrator, P.O. Box 1966, Faribault, MN 55021-6162.
Questions may also be directed to Class Counsel by email at rcisettlement@njlawyer.com.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

The important thing is to STOP this sellout settlement. Please do not take their insulting and nearly worthless trinkets in return for allowing them to continue renting out our spacebank deposits.

To say NO to the rentals and this sellout settlement, the thing to do is to OBJECT to the settlement. DO NOT TAKE ANY TRINKETS. The class action lawyers have sold out their clients for a $4 million fee in their pockets. THis is absolutely disgusting.

[crwisconsin Senior Member Find all posts View Profile Close crwisconsin]

The important thing is to STOP this sellout settlement. Please do not take their insulting and nearly worthless trinkets in return for allowing them to continue renting out our spacebank deposits.

I agree that the practice of RCI renting out our good deposits and leaving the less desirable for us to exchange into is grossly unfair.

Some dated information is available at

RCI Class Action .com

I do not know how good the information is.

If RCI is allowed to continue to cherry pick our deposits, we should ask BG to switch to II or simply stop depositing with RCI.

However, I do wonder why Disney left II and switched to RCI. Did II do something to Disney's members or is Disney getting into bed with RCI for Disney's and RCI's benefit?

Charles

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

The important thing is to STOP this sellout settlement. Please do not take their insulting and nearly worthless trinkets in return for allowing them to continue renting out our spacebank deposits.

To say NO to the rentals and this sellout settlement, the thing to do is to OBJECT to the settlement. DO NOT TAKE ANY TRINKETS. The class action lawyers have sold out their clients for a $4 million fee in their pockets. THis is absolutely disgusting.

There is a much easier way to stop them. Just don't deposit your weeks? Very simple solution. No need for lawyers at all. It puts the consumers completely in control.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

There is a much easier way to stop them. Just don't deposit your weeks? Very simple solution. No need for lawyers at all. It puts the consumers completely in control.

Not terribly effective, though, since there are so many timeshare owners and no effective way to communicate and get the word out to all of them to do this.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

I confuse easily . . .

The class previously received notice that there was a proposed settlement, and everyone already has either opted in or opted out.

Why are we being asked to do what we have already done?

Is there now a new settlement?

The email does not say that or re-explain the old.

Most of us are aware that there was a recent hearing on the settlement proposal. Did the proposed settlement stand or get changed, and why was that information not included in the email?

[Hobbitess Senior Member Find all posts View Profile Close Hobbitess]

Not terribly effective, though, since there are so many timeshare owners and no effective way to communicate and get the word out to all of them to do this.

But the word doesn't have to get out. People can decide for themselves that it isn't worth their time. I know a couple of long-time RCI users who've bailed with no knowledge of the law suit - they just recognized that RCI was no longer providing a service they wanted.

[crwisconsin Senior Member Find all posts View Profile Close crwisconsin]

But the word doesn't have to get out. People can decide for themselves that it isn't worth their time. I know a couple of long-time RCI users who've bailed with no knowledge of the law suit - they just recognized that RCI was no longer providing a service they wanted.

I am a BG Points owner and part of my BGVC dues goes to RCI. I would prefer that my money went someplace that would provide a service I wanted. In all fairness I should point out that several years ago I did some very nice trades with RCI (comparable to my deposit). But I have not traded lately. Haven't found a comparable trade.

Charles

[Hobbitess Senior Member Find all posts View Profile Close Hobbitess]

True enough. I grumped about that myself, back when I first discovered that as a Bluegreen owner I'd be paying RCI dues whether I wanted to or not. Although people can still boycott in the sense of not depositing anything. I do wonder what percentage of RCI memberships are unchosen; anyone know?

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

But the word doesn't have to get out. People can decide for themselves that it isn't worth their time. I know a couple of long-time RCI users who've bailed with no knowledge of the law suit - they just recognized that RCI was no longer providing a service they wanted.

Scattered people bailing out is not going to cure the problem. If that is the way people want to go, they need to be proactive and spread the word through their HOA's.