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Sun, Jan 29 2023, 1:50:17Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 123[4]5678910 ]
Subject: Gathering a Class Action against LGM. Any Brave Takers?


Author:
Roger
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Date Posted: Thu, Mar 02 2006, 0:18:35

This forum is specially for CVC members who felt they have been misled by LGM into upgrading their previous time-share package for the Concept Vacation Club (or CVC) contract...

I'm sure many of us who were previously time-share holders have upgraded our time-share package to the Concept Vacation Club deal because we were promised that if we take up this CVC package, we do not have to have to pay the ever increasing high maintenance cost of the resort we owned. We also do not have to subscribe to RCI annually. We were painted a beautiful picture that subscription to CVC would only be $250 (FIXED) on whatever year we want to use the club services. That means if we do not want to use the CVC services, we do not have to pay. I'm sure many of you now feel that you have been conned into another awful trap as LGM has revised their terms and making the CVC subscription to be compulsory yearly and the fee has increased to $330 (will be going higher in time to come).

I'm glad many of us are standing firm against paying any legal fees to terminate our relationship with LGM or to pay any subscription fee yearly. If any of you have done that, it would be very foolish of you. Why would you want to lose so much money just to terminate a ridiculous contract which you know you did not break any rules. The one who breaks the rules is LGM themselves and they should be the one who refund us the money. Even if we did not bother to pay a single cent to their club subscription, LGM wouldn't dare to sue us as they don't have the guts.

Seriously speaking, I'm prepared to file a lawsuit against LGM because I know I have a strong case (with hard-proof) against them for 'misinterpretation'. I've spoken with my lawyer and she says if I can rally enough people with similar cases like mine, I can form a class action like the 'Raffles Town Club' case to sue LGM and in this way, the legal fee can be shared and minimised. Personally, I feel that if we are to just walk away and do nothing about the evil deeds which LGM is doing, we are not doing justice to ourselves (our hard-earned money) or to the society. If the members from the Raffles Town Club are able to win a lawsuit by their act, I'm sure we have a even higher chance if we unite. Afterall, the reputation of LGM and most time-share companies in Singapore have already set bad names for themselves. It would be a laughing stock if the court or any government agencies would condone their evil-doings.

So, instead of wasting money on terminating your contract or helplessly paying your subscription fee, I would rather you join me in the fight to get back our investment. I'm not looking for people who is just willing to terminate the contract but someone who has the guts to go against them. I understand time and money would have to be incurred but it would be for a worthwhile cause.

Now the big question is...Will you be willing to join me and be committed for this class action against LGM?

If anyone of you are already forming your own class act to sue LGM, I'm most willing to learn from you or even to work with you. You may email me at rogerpyt@yahoo.com.sg to further discuss.

It's time for us as LGM VICTIMS to RISE UP!

PS: TO THOSE LEGAL/UNLEGAL CONSULTANCY FIRMS WHO THINK THAT THEY CAN CHEAT OUR MONEY BY OVER-PROMISING THAT WE ARE ABLE TO WIN BACK OUR INVESTMENT THRU THEM AT 'NO CEILING COST' TO BE INCURRED BY US (eg. EMERALD NETWORK CONSULTANCY), GET LOST! YOU ARE NOT WELCOME.

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Replies:
[> Subject: Re: Gathering a Class Action against LGM. Any Brave Takers?...Update 1


Author:
Roger
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Date Posted: Sat, Mar 11 2006, 16:23:08

Ok! Now, here's an update of what I'm in the midst of doing. I'm forming a Class Action group for all LGM-CVC victims to join me in our mass lawsuit against LGM. I'm not sure if you have heard of the Raffles Town Club case where the members sue the club for failing to deliver what they promised and they won the lawsuit (http://www.countryclubs.com/index.php?name=News&file=article&sid=41). What I'm going to do is something like that.

Basically, I'm starting this Class Action against LGM and I'm sourcing for potential victims (only CVC victim) who are willing to join me in the lawsuit against them. My lawyer told me that if I can gather a group of victims who are willing to testify against LGM, the chances of winning the case is very high (since time-share companies are already receiving alot of bad publicity, the court would surely not give in to them with so many people wanting to sue them). At the same time, having a group of victims to take legal action against LGM will lower our legal fees. The legal fees will be based on one person who file the lawsuit. The only thing is the fees will be shared by the rest of the victims. In this way, it is definitely a cheaper but effective alternative. Besides, some of us do have hard-proofs to accuse them of "Misinterpretation" in their sales gimmicks. So we have a strong case against them. If I can win the case with your support under the Class Action, all who are involved can also file for a quantum claim against LGM without individually going to court case with them.

If you are a CVC members and you think you have a strong case against LGM, I welcome you to join me in the fight against them.

Many of you may think..."Hey! I'm promised a cashback of all my investment after a certain years when I took up the CVC package. So, why don't I wait till that time comes, then I terminate my relationship with LGM after getting my cashback!". Seriously speaking, I'm not puting much hope on this cashback scheme as I believe this is basically a BIG SCAM! Would a company be so generous to return you your full investment and at the same time allow you to enjoy their club membership? Imagine, so many people invested in this cashback scheme and if at the end of the day (after so many years), everyone is claiming the cashback, the company would have to go broke! If you invested in bank, maybe it is possible but never with people from LGM-CVC! ***Btw, I was once called down to LGM (after I purchased the CVC package with cashback) and you know what they are trying to sell? They told me my cashback investment may not promised me a full return unless I'm willing to re-invest to secure that cashback investment. If I don't re-invest, I may probably get back only the minimum basic sum guaranteed...WHAT CRAP ARE THEY TALKING? Now you know why I don't put much hope in the cashback scheme...

So instead of waiting till that tragic day where you can't possibly get back your full investment, I would suggest you sue them based on "Misinterpretation" of their promises and get back the money now than to regret later.

At first I have thought of going thru CASE but I found out that it will not work if you want to file a quantum claim against them. CASE is not a law-enforcing agency and so they have no power to demand anything if LGM is not responding to them. So far, CASE has never really been successful to help LGM victims in such cases. Maybe if you are willing to throw away your investment and ask for a termination of the contract, it is possible but I think this is a silly decision to make and you don't do justice to yourself (your money) or to your fellow victims.

Next weekend, I will be going down to LGM to meet up with their director and to demand for my membership rights (ie. no yearly subscription for CVC - only upon usage, and fees to be fixed at $250 - no further increment). I know it would not be a good conclusion but this will be my last appointment with them. If they cannot fulfil what they first promised us, THE REAL BATTLE WILL BEGIN!

I really hope everyone who are victims of LGM will stand up and help me (or yourself) in one way or another.

If you are willing to join me, I would appreciate you email me at rogerpyt@yahoo.com.sg so that I can get in touch with you if there is a need.

Thanks and regards,
Roger Phua

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[> [> Subject: Re: Gathering a Class Action against LGM. Any Brave Takers?...Update 1


Author:
Shin Bet
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Date Posted: Fri, Mar 17 2006, 15:08:05

I am not a victim of LGM or any of the scam companies out there, but I certainly would like to see LGM being sued to the last dollar. LGM is a marketing company, marketing a bogus product....CVC whatever not. This is one way to get people into signing up another bogus membership with them. What you are getting is another product that cannot be used....That's why they can make the product very attractive because it never exist in the first place.

Do not relate what they are selling to timeshare membership. Timeshare is a legitimate product....I own one myself and it works very well for me....But these people(LGM)are selling a bogus product....that is not a timeshare product.

I will be happy to see this company sued to the last penny....at least it stops people from getting cheated.

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[> Subject: Re: Gathering a Class Action against LGM. Any Brave Takers?


Author:
Grace
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Date Posted: Tue, Mar 14 2006, 10:55:51

Hi
how much will be the legal fee cost? give me a rough estimate and how much can we get if we win the lawsuit?

[ Post a Reply to This Message ]
[> Subject: Re: Gathering a Class Action against LGM. Any Brave Takers?


Author:
Kitty
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Date Posted: Sat, Jun 17 2006, 3:08:18

Hi... I met them just yesterday at Orchard when interviewed!! I went up for claiming my so-called free gift n was somewhat forced to listen to a 3-4 hr of promotion instead of the promised 75min. Luckily I suspected the following:

1. they dun allow me to consider n get back to them the next day,
2. they order us to switch off the hp
3. they dun leave me contact numbers in case i need to get back to them
4. they strongly discourage me to promote this to our friends as if we dun personally sign up, we r of no testimony at all.
5. etc etc etc...

Kindly remind our friends again n again in case they meet such nonsense again soon!! I too hope to see this company being sued to the last penny. People, fight for it!!!!!

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