There is an active class action lawsuit against Diamond Resorts, filed in 2023 by owners who allege that the company engaged in deceptive marketing practices and violated consumer protection laws.
The lawsuit alleges that Diamond Resorts misled owners about the value of their timeshares, the costs of ownership, and their ability to exit their contracts. The lawsuit also alleges that Diamond Resorts charged excessive fees and made it difficult for owners to cancel their contracts.
Diamond Resorts has denied any wrongdoing and has stated that it is committed to providing its owners with a fair and ethical experience. The lawsuit is still pending, and it is unclear how it will be resolved.
The Diamond Resorts class action lawsuit is a reminder that it is important to do your research before purchasing a timeshare. It is also important to be aware of your rights under the law.
If you are a Diamond Resorts owner and you have any concerns about your timeshare, you should contact a consumer protection attorney.
Here are some tips for protecting yourself when considering purchasing a timeshare:
- Do your research and compare different timeshare companies before making a purchase.
- Get everything in writing, including any promises or guarantees that are made to you.
- Be aware of the costs of ownership, such as maintenance fees and special assessments.
- Understand your rights under the law, such as your right to cancel your contract within a certain period of time.
If you have any concerns about Diamond Resorts or any other timeshare company, you should contact a consumer protection attorney before making any decisions.
