UPDATE: RCI CLASS ACTION LAWSUIT - must read for all RCI members

[lgreenspan]

[The post you referenced has been deleted - DeniseM Moderator]

Your link goes to a debt reduction website.

Here is the correct link for the website you are refering to
http://www.weeksprogramsettlement.com/index.htm

[Stricky]

So... back to the lawsuit.

Is there any chance at this point to getting the settlement revised? Do we think the objections are going to work? i would like to think so but it feels sometimes like fighting big corporations never works out.

[Stricky]

Originally Posted by AwayWeGo

Goofed up & did not do that.

Fortunately, the text of the nice letter to the Clerk Of Court is saved on the electric computer, so I can print out copies to send to the designated attorneys (with a notation that the original was sent to the Clerk Of Court yesterday).

Can I just search this TUG-BBS discussion topic for the snail-mail addresses of the attorneys ?

-- Alan Cole, McLean (Fairfax County), Virginia, USA.

cc: David S. Sager, Esq.
DAY PITNEY LLP
P.O. Box 1945
Morristown, N.J 07962

cc: David C. Berman
A Professional Corporation
P.O. Box 111
Morristown, N.J. 07963-0111

[motomem]

Originally Posted by Stricky

So... back to the lawsuit.

Is there any chance at this point to getting the settlement revised? Do we think the objections are going to work? i would like to think so but it feels sometimes like fighting big corporations never works out.

Anyone who hasn't read this entire thread needs to. Revisions to the settlement are being worked on by Susan2, on here, who is a lawyer and has attended at least one of the hearings in person and is working on the objectors behalf. Susan2 is a timeshare owner. Her and some other owners were at the hearing and they were the ones that got the postcard sent out. If they had not been there many many many would not even now about the lawsuit therefore given the chance to object.

The revisions to the settlement are posted in this thread somewhere, I believe. If not in this thread it might be another thread. It would be nice if someone could post a sticky thread with the revisions which would make it easy to find for everyone.

[DeniseM]

Susan is preparing new info. which she will be posting soon.

[AwayWeGo]

Originally Posted by Stricky

cc: David S. Sager, Esq.
DAY PITNEY LLP
P.O. Box 1945
Morristown, N.J 07962

cc: David C. Berman
A Professional Corporation
P.O. Box 111
Morristown, N.J. 07963-0111

Just got back from the Post Office.

Dropped'm into the slot in time for the final pick-up of the day.

If that gets me blackballed by RCI, so what ?

-- Alan Cole, McLean (Fairfax County), Virginia, USA.

[Goofyhobbie]

So far their have been no revisions that have been accepted by RCI.

Back in September some objectors met with some RCI executives and the attorneys for both sides and talked about proposed revisions.

RCI's attorney waited a cosiderable period of time before getting back to the objectors. When he did get back, RCI had pretty much decided to keep the Settlement as is. Therefore, the next step is the "Fairness Hearing" which takes place tomorrow.

Thanks to everyone who sent in a written objection to the Court.

For those that have not as yet acted there is STILL TIME.

A Form Letter was created sometime back and it is available at the very beginning of this thread.

Go there, print it out, fill in the blanks and get your letter postmarked today or tomorrow November 20th.

Send the signed original to the Clerk of Court. Make sure to also send a copy to the two gentlemen whose addresses are at the bottom of the FORM LETTER.

Many folks have been leaving out needed information by NOT using the FORM letter. If you choose to NOT use the FORM LETTER at least pay attention to the required infomation that needs to be in your letter to the Court.

That information includes your RCI ACCOUNT #, The Name of one RCI affiliated Resort that you own at; the RCI ID for that Resort; your phone number and your complete address.

[GadgetRick]

Ok, this has gotten confusing. Finally got around to going to the online claim site. If I file a claim, does that mean I do not object? Does it mean I will be excluded if they do over turn the measly offer(s) they have made?

[Laurie]

Originally Posted by GadgetRick

Ok, this has gotten confusing. Finally got around to going to the online claim site. If I file a claim, does that mean I do not object? Does it mean I will be excluded if they do over turn the measly offer(s) they have made?

No, filing a claim doesn't mean you cannot object. (That's a lot of negatives!)

In other words: you can file a claim and still file a valid objection. You won't be excluded from anything.

The only reason to not file a claim is if you want to retain your right to bring a separate lawsuit yourself - which you cannot do if you are part of the class, which you become if/when you file the little claim.

But you can be part of the class, claim your crackerjack prize, and still object to the proposed terms of the settlement.

Hope that helps.

[rickandcindy23]

RCI raised its exchange fee just in time for the $20 credit to mean a thing.

[GadgetRick]

Originally Posted by Laurie

No, filing a claim doesn't mean you cannot object. (That's a lot of negatives!)

In other words: you can file a claim and still file a valid objection. You won't be excluded from anything.

The only reason to not file a claim is if you want to retain your right to bring a separate lawsuit yourself - which you cannot do if you are part of the class, which you become if/when you file the little claim.

But you can be part of the class, claim your crackerjack prize, and still object to the proposed terms of the settlement.

Hope that helps.

Ok, so let's assume someone files a claim (to be included) but doesn't know or doesn't file an objection. I'm guessing they'll be included in any proposed settlement to replace this token they're offering us?

[motomem]

Originally Posted by GadgetRick

Ok, so let's assume someone files a claim (to be included) but doesn't know or doesn't file an objection. I'm guessing they'll be included in any proposed settlement to replace this token they're offering us?

1. If you opt-out, you don't get one of the 'token offerings', plus you could participate in a different lawsuit for this same thing if one is ever filed.

2. If you object, you will get one of the 'token offerings' IF YOU SUBMIT A CLAIM. You must submit a claim even if you send an objection.

3. If you do nothing, you don't get one of the 'token offerings'.

For options 2 & 3, if this settlement happens you will be included in that and cannot participate in a different lawsuit for the same thing.

For all 3 options, you will get the benefit of operational changes at RCI (may be good or not).

Now, if the judge declares the current settlement proposal is not valid, the settlement proposal can possibly be altered, but this remains to be decided. Nobody knows what the judge will do at the end of this month.