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Marquis & Aurbach 942-2136
Vegas Grand Lawsuit Grows
May 30, 2005, 03:22 PM
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Vegas Grand Lawsuit

A midrise luxury condo project is seeing its legal headaches get bigger.   Saving You Money's Jim Snyder told you about the Vegas Grand, still under construction at Flamingo and Swenson, facing two class action lawsuits.

Now the law firms representing buyers have joined forces.  The suit claims that condo buyers with reservations to buy units in the Vegas Grand had the welcome mat pulled out from under them when they were told there would be an increase in price.

Investors we talked to said they thought the agreement they signed locked in their rate.  They said they were surprised when they got a letter saying their current agreements would be canceled and their deposits refunded if they didn't pay the higher price.

"They want to get rid of me because they know had I stayed in this I'd be making the money and it would be in my pocket, not theirs and they're looking for it to be in theirs", said Dona Rogner who contacted News 3 to tell us about the letter she got in the mail from developer Del American.

There will be a Vegas Grand purchasers meeting Wednesday, June 1 at 9a.m. and 5p.m. to discuss the lawsuit.  It will be held at the law offices of Marquis and Aurbach's at 10001 Park Run Drive on the corner of Charleston and Hualapai.  Contact Craig Anderson at 942-2136 for more information.

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