Shutts & Bowen's litigation team recently secured a significant legal victory for the timeshare industry: a $16 million judgment against a fraudulent timeshare exit firm. The case focused on the firm's unlawful advertising schemes, which falsely promised clients easy, guaranteed ways to exit their timeshare agreements.
Consumers need to be protected from deceptive practices that harm individuals and damage the credibility of legitimate timeshare businesses — and this judgment ensures that by holding fraudulent exit firms accountable. This outcome also reminds current and prospective timeshare owners that legal avenues exist to help them get rid of their timeshare without falling victim to fraudulent timeshare exit companies.