AG Ferguson: Reed Hein to pay $2.61 million to resolve timeshare exit scheme lawsuit

OLYMPIA — Attorney General Bob Ferguson today announced that Kirkland-based timeshare exit company, Reed Hein & Associates LLC, must stop its deceptive timeshare exit practices and pay $2.61 million to Washington. If the company violates the terms of the consent decree, it will be required to pay an additional $19 million — a total judgment of $22 million. Reed Hein also retracted and apologized for statements made in response to the Attorney General’s lawsuit.