Timeshare Developer Wyndham Sued For Financial Fraud Against Senior Citizens
Nashville, TN – Earlier this year, Wyndham Vacation Ownership was sued in two mass action lawsuits (similar to a class action) in Tennessee alleging fraud, breach of contract, and violations of the Tennessee Timeshare Act.
Attorneys Aubrey Givens and Kristin Fecteau Mosher filed these lawsuits (along with dozens of other individuals cases) representing a large number of elderly timeshare owners, alleging a pattern and practice of false statements and consumer fraud by Wyndham sales agents, and ongoing abuses against timeshare owners. Although currently severed, consolidation as to many issues is anticipated.
The lawsuit states that the Orlando based timeshare developer, Wyndham Vacation Ownership, Inc. and its subsidiary, Wyndham Vacation Resorts, Inc., specifically target the elderly. Givens said, “This lawsuit represents a portion of the 500 senior citizens who are our clients that are alleging financial fraud at the hands of Wyndham.”
According to Complaints filed with the courts in Nashville, Tennessee and the Gatlinburg, Tennessee area, the plaintiffs allege they are victims of fraud, deceptive trade practices and were not advised of their right to rescind their timeshare contract until it went into effect. The allegations say that Wyndham sales people intentionally deceived, misled, and financially injured people who were buying Wyndham timeshares, especially targeting the elderly. Wyndham’s advertising states that in order to attend their sales presentation, prospective buyers must have a minimum annual household income of $60,000. There is no such qualification if someone is aged 55 or older, or fully retired.
The lawsuits allege that current timeshare owners have a difficult time getting reservations, because Wyndham controls and manipulates the reservations system.
“Every one of our clients have complained that it is difficult to book a room in their choice resorts, even if they have priority booking status,” said Ms. Mosher.
The court documents allege that Wyndham engages in all kinds of deceptive tactics, such selling timeshare points at hugely inflated prices. The lawsuits filed with the court also claim that Wyndham does not disclose that timeshare points are an illiquid asset with little or nearly no aftermarket value, making it impossible for people to resell their Wyndham timeshares.
Other allegations included in the court documents state that during the sales process, Wyndham sales agents make numerous intentional or negligent misrepresentations to people, which are designed by Wyndham to create a false sense of urgency, pressuring owners to purchase new or additional timeshares.
Additionally, the court documents allege that Wyndham sales agents are intentionally verbally telling people things that are untrue, only to have them sign voluminous, fine-print documents that directly contradict the representations made to them during the sales presentation.
Mosher said, “We can make timeshare owners aware of their rights and let them know that they have an advocate who will look at their contracts and advise them of their options.”
https://www.GivensLawFirm.com/lawsuits-filed-against-wyndham
For More Information Contact:
Aubrey Givens
Kristin Fecteau Mosher
Aubrey Givens & Associates, PLLC
231 W. Old Hickory Blvd. Suite B
Second Floor
Madison, TN 37115
(615) 248-8600
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