Dave Ramsey Sued for $150 Million by Former Fans Who Followed His Timeshare Exit Advice

Dave Ramsey
A lawsuit has been filed against Dave Ramsey for advice he provided about selling timeshares. Video Screengrab

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For his part, Ramsey defended Timeshare Exit Team in public while distancing himself from the company behind the scenes. The Christian finance guru was subpoenaed by Washington state’s attorney general in its lawsuit against Timeshare Exit Team. His lawyers objected, saying he was too busy to be deposed and he was not responsible for the endorsement.

“While he has promoted Lampo’s endorsement of Reed Hein on his radio program and on social media, he is not responsible for the details of the Reed Hein relationship,” his attorneys wrote.

The class-action lawsuit is the latest legal woe for Ramsey and his company. Several former employees have sued the company for discrimination, including one who was fired after telling her boss she was pregnant and another who claimed the company had a “cultlike” environment.”

Though a private company, Ramsey Solutions is run like a church; employees are expected to maintain a “godly” lifestyle and attend regular worship services at work. The company was once named one of the best places to work in the country, but its reputation has taken a hit in recent years due to Ramsey’s outspoken objection to COVID-19 restrictions and the company’s “no-gossip” policy, which has often resulted in employees who complain being fired and fostered a culture where employees are encouraged to report on each other for rules violations.

Despite his legal troubles, Ramsey has remained defiant. His approach is perhaps best summed up in his 2021 defense of Timeshare Exit Team, even though the company was dropped as an advertiser.

“Bring it,” he said. “You have done poked the wrong bear. You done pissed off the wrong hillbilly.”

This article originally appeared here

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Bob Smietanahttps://factsandtrends.net
Bob Smietana is an award-winning religion reporter and editor who has spent two decades producing breaking news, data journalism, investigative reporting, profiles and features for magazines, newspapers, trade publications and websites. Most notably, he has served as a senior writer for Facts & Trends, senior editor of Christianity Today, religion writer at The Tennessean, correspondent for RNS and contributor to OnFaith, USA Today and The Washington Post.

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