RCI Class Action Suit
The lawsuit claimed that RCI rented certain timeshare inventory deposited by Weeks members rather than make that inventory available for exchange in violation of consumer protection and other laws. RCI denies that it did anything wrong.
People who were members of the RCI Weeks Exchange Program at any time from January 1, 2000 through November 20, 2008, may be eligible for special settlement benefits. To get your choice of the special benefits available, you must submit a Claim Form. All Claim Forms must be submitted by April 6, 2009. RCI Weeks Exchange Program Settlement.
RCI Weeks Exchange Program Settlement
If the Court approves the settlement and you do not exclude yourself, current members
automatically get the benefit of the changes to RCI’s operation of the Weeks Exchange
Program.
In addition, eligible current members have their choice of one of five special benefits.
A current member can choose: (1) the opportunity to search available inventory and
make an exchange request prior to depositing your vacation time; (2) a $20 credit
that can be used toward a membership renewal or toward your next exchange; (3) a
prorated refund of your subscription fee and a refund of fees you’ve paid for a
pending exchange requests, should you decide to end your Weeks Exchange Program
membership; (4) one free night stay at any RCI rental that can be used toward the
same room of any paid rental of at least one night; or (5) a $100 discount certificate
per cabin for the purchase of any cruise offered by RCI, with the option of receiving
additional $100 discount certificates toward the purchase of up to three additional
cabins for the same cruise. Eligible former members can request to receive a $15 credit toward
re-joining the Weeks Exchange Program or request a $15 payment from RCI.
