RCI Class Action Lawsuit Settlement
As of July 11, 2010, current RCI members which submitted a properly completed claim form in accordance with Section II.E of the Settlement Agreement in the proper amount of time, with a claim form verified by RCI, may begin using the benefit they selected on the claim form. Former RCI members completing the aforementioned completion qualifications, will receive their selected benefit in October 2010. The selected benefit must be used within 2 years of the effective date, and no extensions will be granted.
For anyone following the class action lawsuit Murillo vs. RCI, final approval of the settlement was granted by the courts on December 7, 2009. RCI has denied the accusations made, which alleged RCI rented out inventory deposited by weeks members, instead of making them available for exchange.
Link to PDF of Settlement Agreement – Final Order
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I purchased my timeshares 08-17-2010.DIDnot hear anything about a class action.Didnot submitted a claim form. can I do this now.laura f clark
I am a weeks member of RCI. I went on vacation 3 years ago and learned about the new points system. They told me everyone was going to the new points system and soon there would be very limited resorts to choose from that accepted weeks, then came the big whammy they wanted me to pay a huge sum of money to transfer my weeks into points. This year I went to my home resort at Orange Lake in Fla. and got the same thing but they have formed their own points system getting totally out of RCI and they blamed everything on RCI for making this change, of course for a mere $27000.00 I could buy into this new program and they would give me $9000.00 for my week but only if I did it right now, the offer was not good after I left. I left and when I did my review later I said exactly what I thought of them telling me my week that we paid $11000.00 for originally was basically now worthless. It gives rip off a new meaning and a new bad reputation for time shares. Where is the lawsuit for weeks members getting told what you paid $11000.00 for is now worthless because they changed to a new points system, which is where they take our weeks and resell it broken down for a lot more money for them. I found the points members lawsuit and settlement but not one for weeks.
Well it seems to be still going on with RCI. I have never been able to find an exchange with them, and in September 2011 bought a certificate for a cruise with a 7 day or 3 day stay at a resort included. Cruise is booked but I have checked every 2 weeks since September 2011 looking for Oct 2012 for a resort and guess what nothing ! This year is my last year with RCI. My resort is Grandview in Las Vegas and I certainly made it clear to them what I thought when they asked for another $5000.00 to switch to the points system.
Dave & Sheila, Alberta Canada
Purchased our timeshare in mid nineties used it very seldom but because it was in Orlando FL gave it out twice to friend and family. Would only purchase if I was able to secure Thanksgiving week 47 which was deeded. Never had anyone interested in that week according to RCI or Grand Beach. Next we get a call from RCI to visit our resort in Grand Beach for a once in a life time opportunity. We listened to how if we converted to points we lose nothing only gained. How the points shown in the book were cut in half when we booked as members. How it fit us perfectly because we wanted to save for a trip to Europe and with points they would roll over forever when we had enough no matter how many years we saved. Now if this was not a swindle nothing is and Grand Beach is just as bad giving RCI their space to present their con job. Tell me is there a place to get justice?
You really did not miss anything. I returned the “proper” paperwork! When contacted RCI for use of the “perks”of the settlement…could not speak with ANYONE that knew about the “awards”! So, do not fret, it is not worth the hassle. Advice: When contacting RCI…DO NOT GIVE UP until you get what you want. Might take days, many persons, but sooner or later you will get the request answered. Recently, RCI agent reserved the wrong date. Contacted three “Supervisors” and my week was returned, placed with my combined units until 2013 and ALL monies returned, with out penalty. Don’t GIVE UP! OH! We have great luck in renting our unit to people we know and do not have to pay resorts fee. Notify the resort that you will be in later in the week and give them permission to accept —-as guests and have your ok to accept keys. You DO NOT have to “show”. Always get return for money spent and still have the unit for the next time wish to use.
Good Luck!
You really did not miss anyting. I returned the “popper” paperwork! When contacted RCI for use of the “perks”of the settlement…could not speak with ANYONE that knew about the “awards”! So, donnot fret, it is not worht the hassle. Advice: Whe contacting RCI…DO NOT GIVE UP until you get what you want. Might take days, many persons, but sooner or oaler you will get the request answered. Recently, RCI agent reserved the wrong date. Contacted three “Supervisor”s” and my week was returned, placed with my combined units until 2013 and ALL monies returned, with out penalty. Don’t GIVE UP! OH! We have great luck in renting our unit to peopele we know and dod not have to pay resorts fee. Notify the resort that you will be in later in the week and give tham permission to accept —-as guestas and have your ok to accept keys. You DO NOT have to “show”. Always get return for money spent and still have the unit for the nest time we wish to use.
Good Luck!
I agree my grandmother has been a member since 1990 and she never recieved anything about this lawsuit. She has never moved so address and phone number are the same. I also would like to know if there is anything she can do now.
I agree with Jacob’s post. I have been a member (regrettably) since 2006 and have been unable to find an exchange EVERY year. Five years; mortgage paid in full; zero vacations!!!
I’ve tried to sell my weeks when I was unable to use them but no one bought them either.
If I knew about this suit I would have joined instantly.
-Jeremy
My wife and I are RCI members in good standing, and own a bi-annual timeshare.
When we purchased this timeshare in 2001, we lived in B.C., Canada. Between March 2002 and February 2008 we lived in Arizona, USA. We believe we were never advised of this class action, so we never submitted a claim form.
Why? When did this occur? Is there anything we could or should do about it now?
Jaocb and Lydia de Raadt, Langley, BC, Canada.