Resort Sales Missouri, Spinnaker Resorts Closing Costs Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

Resort Sales Missouri and Spinnaker Resorts are paying $1.4 million to settle a class action alleging that they violated Missouri laws by charging closing costs to those who bought timeshare properties.

Docket Number:

1746-CC00203

Company: Spinnaker Resorts Inc.

Filing Deadline: January 1, 2100

Class Period: June 1, 2014

Final Approval Hearing: October 15, 2019

Proof of Purchase:

You do not need to file a claim to get a payment. Presumably company records are being used to identify class members. Unless you exclude yourself, you will be sent a check for your share of the net settlement amount.

Eligibility:

You may be eligible if you are a person or entity who (a) bought a Missouri timeshare interest from Resort Sales or Spinnaker on or after June 1, 2014, (b) were charged closing costs for the sale, and (c) did not rescind or cancel the purchase. You do not need to file a claim.

Typical Settlement Amount:

Class members will receive a share of the net settlement proceeds, according to a formula that takes into consideration the closing costs charged to each individual class member, the total amount of closing costs charged to all, and the amount of the net settlement fund.

Total Settlement Amount: $1.4 million

Class Representative Proposed Incentive Fee:

$7,000

Law Firm:
Strong-Garner-Bauer PC

Case Name: Darrell and Kathleen Thompson v. Resort Sales Missouri, Inc. and Spinnaker Resorts, Inc.

Settlement Website: Resort Sales Missouri, Spinnaker Resorts Closing Costs Settlement Website

Claims Administrator:
Angeion Group

Claims Administrator Contact Information:

Branson Timeshare Settlement Counsel
1650 Arch Street, Suite 2210
Philadelphia, PA 19103

info@BransonTimeshareSettlement.com

Tags: Charges Not Permitted by Law, Deceptive Business Practices