You can hold these timeshare salesman responsible for omissions and lies you were told during the sales presentation.
officials and Wyndham Vacation Ownership, Inc. have reached a settlement
to resolve complaints related to timeshare sales in Wisconsin.
The settlement includes more than
$665,000 in restitution to 29 consumers who purchased timeshare
contracts between 2008 and 2013, the Department of Agriculture, Trade
and Consumer Protection said Thursday.
According to the settlement, Wyndham will
provide a total of $665,404.88 in cash refunds and/or debt relief,
divided among the 29 consumers. The timeshare purchase contracts that
were the subject of the consumers' complaints were rescinded. In
addition, Wyndham will notify credit reporting agencies that no monies
are due to the company.
Wyndham will also pay a $99,520 civil
forfeiture to the State of Wisconsin and $62,702.20 in fees, assessments
and investigative costs.
The settlement comes as a result of an
investigation of consumer complaints alleging that Wyndham followed
unfair trade practices from 2008 through 2013.
By entering into the agreement, Wyndham does not admit that it has violated any laws or regulations.