Timeshare Industry Fighting Back to End Exit Fraud: One Major Firm Disbarred and Another Files Bankruptcy
WYNDHAM DESTINATIONS INC (WYND)
Last wyndham destinations inc earnings: 2/26 06:30 am
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Source: PR Newswire
WASHINGTON, Sept. 13, 2018 /PRNewswire/ -- The timeshare industry, the American Resort Development Association (ARDA) and ARDA Resort Owners' Coalition (ARDA-ROC), have united to stop the misconduct of those deceiving timeshare owners into paying for illusory timeshare exit services through fraudulent means. Recently, the Supreme Court of Tennessee disbarred attorney Judson Wheeler Phillips, founder of the Castle Law Group, on a myriad of charges relating to consumer fraud complaints. In the past few weeks, Castle Law Group has ceased business operations following federal lawsuits brought by developers against Castle Law Group and those acting in concert with the firm. In another matter prosecuted by Wyndham Destinations (NYSE:WYND) against American Consumer Credit (ACC), among the largest timeshare exit companies, the pursuit of ACC, its principal, Dana Micaleff and its attorney, Michael Saracco, Esq. resulted in ACC filing bankruptcy on September 7, 2018.In Phillips' case, the Tenne
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