News Alert - RCI Class Action Settlement

June 11, 2009  
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Via TimeSharing Today

: : :RCI Fairness Hearing Update : : : 

(TimeSharing Today’s publisher received the following from Susan Collins, who will be appearing at the RCI Class Action Settlement Fairness Hearing on June 16th.)

Some good news - The presiding Judge in the Fairness Hearing has decided to hold the hearing in Newark, NJ as originally scheduled instead of having it in Trenton where he now sits. This eliminates the concern about people not getting notified about the location. 

I was also advised to send a letter to the court and to the attorneys representing the Defendant and the Plaintiffs, enclosing copies of the emails I received from TimeSharing Today’s readers and requesting permission to speak for those people who contacted me and agreed with my perspective of the problems with the settlement. I will ask the Court to send the attorneys back to the bargaining table and come up with a better settlement.  In that case, I am hopeful that the judge will order that all members of the Class should receive notice by mail that includes full disclosure of the new proposed settlement, accurate information about opting out, filing claims and filing objections and ample time to file. 

The Fairness Hearing is open to the public. So, I encourage all RCI Weeks Members, who live within a reasonable traveling distance, to come and be present on June 16th at 3 PM. Here is the information about the location. The presiding Judge is  Peter G. Sheridan, U.S.D.J., The RCI Class Action Settlement Agreement Fairness Hearing, Courtroom 4C, Martin Luther King, Jr, Federal Building & U.S. Courthouse, 50 Walnut Street, Newark, NJ 07101.  If you are going to attend, please send an email to staff@tstoday.com so they will know. 

I want to thank everyone who took the time to write to me and to TimeSharing Today for making us aware of this important issue.

Susan Collins

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