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IKON Class Action Lawsuit Credits
- Thread starter boston_e
- Start date
2020-2021 or 2019-2020?
My understanding was the latter.
My understanding was the latter.
jaytrem
Well-known member
- Joined
- Oct 22, 2007
- Messages
- 2,190
- Points
- 113
Got $10 per person.
drjeff
Well-known member
My family averaged $150 a piece... We hadn't used our IKON's much that season as the trip we planned to use them on was scheduled for after COVID shut things down
$10 is funny.As the joke goes, “don’t spend it all at one place.” Oh, wait…..
From my small sample, it seems like anyone who used their IKON more than just a couple of times is getting $10. I think we used ours 8 days.
I was not expecting anything so I'm not complaining, but it is funny. They will probably just raise the price of the IKON next year by an extra $10 to make up for it.
trackbiker
Active member
The only people to make money on class action law suits is the lawyers. Most times people get something like a 50 cents off coupon after the lawyers take their cut.As the joke goes, “don’t spend it all at one place.” Oh, wait…..
BodeMiller1
Well-known member
What did the lawyers make?
They probably aren't sure yet.
edit: Not sure why this wasn't thrown out as "an act of god" thing. weird
They probably aren't sure yet.
- A Settlement has been reached in a class action lawsuit against Alterra Mountain Company, Alterra Mountain Company U.S. Inc., and Ikon Pass Inc. (together “Alterra” or “Defendants”) seeking money back for 2019-2020 Ikon Passes and Ikon Base Passes (“2019/20 Ikon Passes”) because of ski resort closures in March 2020 due to COVID-19.
- If you are included in the Settlement, you may qualify for a Pass Credit toward the purchase of a 2023/24 or 2024/25 Ikon Pass product, or a Lift Product Voucher toward the purchase and use on or before July 31, 2025 of one single-day lift ticket at any single Alterra-owned or operated resort (“Alterra Resort”).
edit: Not sure why this wasn't thrown out as "an act of god" thing. weird
oldfartrider
Active member
I used mine 22 times. I’m guessing I’m in the $10 club
jaytrem
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- Oct 22, 2007
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9.99 for you!
So the press release was funny because it had a paragraph (that HAD to be included) naming said law firm.
And IIRC the press release stated that the class received $17 mill, the law firm got its fees paid by Alterra to the tune of $2 mill or so.
And IIRC the press release stated that the class received $17 mill, the law firm got its fees paid by Alterra to the tune of $2 mill or so.
Zermatt
Active member
$10 is funny.
From my small sample, it seems like anyone who used their IKON more than just a couple of times is getting $10. I think we used ours 8 days.
I was not expecting anything so I'm not complaining, but it is funny. They will probably just raise the price of the IKON next year by an extra $10 to make up for it.
Seriously, was there anything in the settlement that protected pass holders from Ikon just reducing the renewal discount by $10 or increasing next year's prices by $10. I assume pass prices are going up.
This case wasn't tossed because Epic actually did give credits due to the early closures so that set a precedent. But, as I remember the renewal discount for 20/21 was larger than other years and I thought that was their covid makeup.
Alterra ordered to compensate Ikon Pass holders for COVID shutdowns
Alterra Mountain Company will have to compensate Ikon Pass holders for COVID-19 shutdowns.
Both Vail and Alterra were sued over COVID-19. Who won and who lost?
Season pass holders brought lawsuits against both Vail Resorts and Alterra Mountain Company over skiing lost to COVID-19. Who won and who lost?
www.burlingtonfreepress.com
Some interesting information in both articles. Namely that we now know that in 2019-2020 there were about 500,000 IKON passholders. Do the math on that—A LOT of money. It goes along with what I’ve said about Alterra—it’s all about the $$$$ and keeping as much of that $$$$. Giving someone a $10 credit after 2 years of litigation vs. Vail’s 20-80% is a really stark difference. It just shows that Alterra is all about $$$$ perhaps more so than Vail.
Alterra ordered to compensate Ikon Pass holders for COVID shutdowns
Alterra Mountain Company will have to compensate Ikon Pass holders for COVID-19 shutdowns.www.sltrib.com
Both Vail and Alterra were sued over COVID-19. Who won and who lost?
Season pass holders brought lawsuits against both Vail Resorts and Alterra Mountain Company over skiing lost to COVID-19. Who won and who lost?www.burlingtonfreepress.com
Some interesting information in both articles. Namely that we now know that in 2019-2020 there were about 500,000 IKON passholders. Do the math on that—A LOT of money. It goes along with what I’ve said about Alterra—it’s all about the $$$$ and keeping as much of that $$$$. Giving someone a $10 credit after 2 years of litigation vs. Vail’s 20-80% is a really stark difference. It just shows that Alterra is all about $$$$ perhaps more so than Vail.
That "20-80%" from Vail is a lot of PR fluff. How many people honestly would have used their pass 0 times as of mid-March that year when everything shutdown? I doubt it was many... Those are the people that would have qualified for the 80% credit. Personally I don't think anyone should have been owed anything in this particular scenario. And as someone else mentioned, Alterra had increased the Ikon renewal discount for the following season. Their only mistake was they didn't market it as a "credit" for the early closure like Vail did. Both companies in the end did the same thing, just marketed it different ways.
Interesting observation.
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