A class action lawsuit is pending out of the United States District Court for the District of New Jersey claiming that RCI rented timeshare inventory to non-members when it should have been available to members under the RCI Points Exchange Program. The lawsuit is entitled Glenz, et al. v. RCI, LLC and is Civil Action Number 09-00378. Class members in this case are defined as anyone who lived in the US and were a member of the RCI Points Exchange Program on or before April 25, 2012. The settlement terms include a $12 payment from RCI for current members and a $10 payment for former members. A settlement fairness hearing will be held at the Clarkson S. Fisher Building & U.S. Courthouse, United States District Court for the District of New Jersey, 402 East State Street at 10:00 a.m. sharp to determine if the settlement is fair and reasonable. The date of the hearing will be on November 1, 2012. You do not have to attend this hearing to be part of the settlement but may speak at it upon request.
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