Update: Entire YTB Class Action – Dismissed
For anyone hoping that the one remaining defendant left in the Illinois Class Action would save the day – sorry. (Not really, but “sorry” sure sounds good!)
Saw this coming a mile away: If it’s going to be tried at all – it will have to be done in State Court. A guy who spent just 6 months attempting to become a “travel agent” and quit cause he couldn’t make any money. (Gee, a whole 6 months was all it took to figure it all out?)
EAST ST. LOUIS, Ill. (KMOX) — More now on the federal suit against an on-line travel business accused of operating a pyramid scheme.
A federal judge in Southern Illinois has formally dismissed the entire consumer lawsuit against Wood River-based YTB – also known as Your Travel Biz .
The judge had dismissed most of the original plaintiffs last week, based on the fact they aren’t residents of Illinois where the company is based, but were suing under the Illinois Consumer Fraud Act. Now the court has ruled the final plaintiff, who is an Illinois resident, must take the case to state court.
Plaintiffs had alleged YTB was operating an illegal pyramid scheme. YTB charges investors for the right to sell travel packages. Investors claimed they weren’t able to make money without recruiting new investors.
The Illinois Attorney General has also filed a lawsuit against YTB based on consumer complaints.
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Two years of praying that $100 million would put YTB out of business…out with one last puff of smoke.
Buh – Bye
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Doug & Ronda Bauknight AKA: TravelPro Travel Agent / Networker Phone: 678.458.5812 |
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May 26th, 2010 at 9:42 pm
POOF!! I can only imagine what a blow (no pun intended) this must be to the contentious! Nothing like telling it like it is! Always a pleasure Doug!
May 27th, 2010 at 5:27 am
The contentious will now hang on for dear life to the AG’s complaint that hasn’t budged in over a year. (Remember, it was filed just hours after California settled it’s complaint against YTB.)
Instead of waking up and accepting that nobody “pays for the opportunity to recruit others” in our company, they’ll side with the AG because it matches the illusions and perceptions they have.
It’s never about truth or facts – just perceptions and opinions. As long as they can find an opinion that matches theirs, they feel justified to spew whatever they want.