What is the Flagship Resort Lawsuit?
The Flagship Resort Lawsuit is a class action lawsuit filed against Flagship Resort Development Corporation, the owners and operators of FantaSea Resorts in New Jersey. The lawsuit alleges that Flagship Resort Development engaged in deceptive and fraudulent sales practices in the marketing and sale of timeshare units at its resorts.
What are the allegations in the lawsuit?
The lawsuit alleges that Flagship Resort Development used a variety of deceptive and fraudulent sales practices to induce consumers to purchase timeshare units, including:
- Misrepresenting the terms of the timeshare purchase agreement: Plaintiffs allege that Flagship Resort Development misrepresented the terms of the timeshare purchase agreement, including the cost of the timeshare unit, the maintenance fees, and the ability to rent or sell the timeshare unit.
- Failing to disclose important information: Plaintiffs allege that Flagship Resort Development failed to disclose important information to consumers about the timeshare purchase, such as the high cost of maintenance fees and the difficulty of renting or selling timeshare units.
- Using high-pressure sales tactics: Plaintiffs allege that Flagship Resort Development used high-pressure sales tactics to coerce consumers into purchasing timeshare units, such as keeping them in sales presentations for hours on end and refusing to let them leave until they purchased a timeshare unit.
What is the status of the lawsuit?
The Flagship Resort Lawsuit is currently pending in the United States District Court for the District of New Jersey. The court has certified the lawsuit as a class action, meaning that it represents all consumers who were allegedly deceived or defrauded by Flagship Resort Development in the purchase of a timeshare unit.
What are the potential outcomes of the lawsuit?
If the plaintiffs are successful in the Flagship Resort Lawsuit, they could recover damages for their financial losses, as well as injunctive relief to prevent Flagship Resort Development from engaging in further deceptive and fraudulent sales practices.
What can consumers do if they think they have been deceived or defrauded by Flagship Resort Development?
If you think you have been deceived or defrauded by Flagship Resort Development in the purchase of a timeshare unit, you should contact an experienced consumer protection attorney to discuss your legal options.
FAQs:
Q: What is a timeshare?
A: A timeshare is a type of real estate ownership that allows multiple people to own the same property for a specific period of time each year. Timeshares are typically sold in weekly or biweekly increments.
Q: What are the pros and cons of buying a timeshare?
A: Pros:
- Timeshares can provide a way to vacation in a desirable location without having to pay full price for a hotel room or other accommodations.
- Timeshares can be a good investment if they are purchased at a fair price and if they are well-maintained.
Cons:
- Timeshares can be expensive, especially when you factor in maintenance fees and other costs.
- Timeshares can be difficult to sell or rent, especially if they are located in an undesirable location.
- Timeshares can be inflexible, as you are typically locked into a specific vacation week or weeks each year.
Q: What should I do if I think I have been deceived or defrauded by Flagship Resort Development?
A: If you think you have been deceived or defrauded by Flagship Resort Development in the purchase of a timeshare unit, you should contact an experienced consumer protection attorney to discuss your legal options.
Q: What are the potential damages that I could recover in a lawsuit against Flagship Resort Development?
A: If you are successful in a lawsuit against Flagship Resort Development, you could recover damages for your financial losses, such as:
- The cost of the timeshare unit
- Maintenance fees
- Interest on your losses
- Punitive damages
Q: How long will the Flagship Resort Lawsuit take?
A: The length of time that the Flagship Resort Lawsuit will take will depend on a number of factors, including the complexity of the case, the number of parties involved, and the court schedule. However, it is not uncommon for class action lawsuits to take several years to resolve.
Q: What are the risks of participating in a class action lawsuit?
A: There are a few risks associated with participating in a class action lawsuit, including:
- You may not receive a significant financial award, as the damages are typically distributed among all class members.
- The lawsuit could take several years to resolve.
- You may be required to give up certain legal rights, such as the right to file an individual lawsuit against Flagship Resort Development.
Q: What are the benefits of participating in a class action lawsuit?
A: There are a few benefits to participating in a class action lawsuit, including:
- You can hold Flagship Resort Development accountable for its actions.
- You can recover damages for your losses without having to file your own lawsuit.
- You can help to prevent other consumers from being deceived or defrauded by Flagship Resort Development in the future.
Conclusion
The Flagship Resort Lawsuit is a complex and ongoing case. If you think you have been deceived or defrauded by Flagship Resort Development in the purchase of a timeshare unit, you should contact an experienced consumer protection attorney to discuss your legal options.
References:
- FantaSea Resorts Class Action Lawsuit: https://www.businesswire.com/news/home/20160311005239/en/Finn-Law-Group-Files-a-Class-Action-Against-FantaSea-Resorts-over-Timeshare-Collection-Practices
- Tirri v. Flagship Resort Dev. Corp.: https://casetext.com/case/tirri-v-flagship-resort-dev-corp
- Zanes v. Flagship Resort Dev., LLC: https://casetext.com/case/zanes-v-flagship-resort-dev
- Jury Awards Over $1M to Consumers in Timeshare Deception Lawsuit Against FantaSea Resorts: https://www.prnewswire.com/news-releases/jury-awards-over-1m-to-consumers-in-timeshare-deception-lawsuit-against-fantasea-resorts-301643195.html
