Marriott, First American Accused Of Time-Share Conspiracy

Law360, New York (May 24, 2016, 3:05 PM EDT) --  A group of Marriott companies involved in the sales of vacation time-shares and the First American Title Insurance Co. were accused in a class action complaint filed last week in Florida federal court of carrying out a scheme that duped points-based time-share purchasers into invalid and illusory real estate interests.

The suit, which also ropes in Orange County, Florida, and its comptroller as defendants, alleges that Marriott Vacation Club and co-defendants violated state racketeering and time-share laws by selling a points-based time-share product to customers that falsely conveys title to a Florida time-share estate and a beneficial interest in a Florida...

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