Hilton and Its Board Made False Statements to Shareholders About Diamond Resorts Acquisition Potential Contract Cancellation

Hilton and Its Board Made False Statements to Shareholders About Diamond Resorts Acquisition Potential Contract Cancellation

ByRajibul Alam

Hilton Grand Vacations Inc. (Hilton) and its board of directors have been hit with a lawsuit for allegedly lying to shareholders and misleading them in the company’s acquisition of Diamond Resorts. The lawsuit was filed on May 7 in New York by lead Plaintiff Marina Clough, who alleges that the company and its board have…

Summer Bay Contract Cancellation  Violation From Neglected Sinkhole Disclosure.

Summer Bay Contract Cancellation  Violation From Neglected Sinkhole Disclosure.

ByRajibul Alam

Summer Bay Contract Cancellation For years now Summer Bay has neglected to disclose the sink holes littering the Summer Bay property. This has caused massive reductions in value for each owner averaging $60,000 in property loss. With most of the contracts selling at $15,000-$20,000 having a $60,000 loss puts the timeshare at a negative number….