Patrick Et Al V. Ramsey Et Al
This summary outlines a class action lawsuit against Reed Hein & Associates, also known as Timeshare Exit Team, and several other defendants, including David L. Ramsey III, Happy Hour Media Group LLC, and The Lampo Group LLC. The lawsuit alleges that the defendants engaged in fraudulent and deceptive practices in the marketing, sale, and delivery of timeshare-exit services, resulting in damages to the plaintiffs, who include seventeen named individuals and a class of similarly situated consumers. The plaintiffs seek damages and disgorgement of profits for violations of the Washington Consumer Protection Act, negligent misrepresentation, unjust enrichment, and conspiracy. The complaint alleges that Reed Hein collected over $200 million in fees from customers, promised a 100% refund if they were not relieved of their timeshare obligations, and used false statements and delay tactics to deceive customers. Additionally, the plaintiffs claim that Ramsey and his companies were paid tens of millions of dollars to promote Reed Hein and make false claims to Ramsey's followers. The lawsuit seeks to recover losses from the tens of millions of dollars Dave Ramsey unjustly took from his own listeners.
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