[LTPC-discussions] Legal Action

[mark leonard]

amen kathy, this is clearly an area that nobody wants to address. if i as a
client knew what had happened , i would look for another policy, not because
of me, but because progeny wants to mis handle this whole thing. and in
conclusion, it never had to be like this. everyone could have won, progeny
could have been a hero. and they still can, its up to them and it wouldn't
cost them anything.

-----Original Message-----
From: ltpc-disc-admin@ltpcalums.com
[mailto:ltpc-disc-admin@ltpcalums.com]On Behalf Of Kathleen Howard
Sent: Wednesday, June 25, 2003 10:16 AM
To: ltpc-disc@ltpcalums.com
Subject: Re: [LTPC-discussions] Legal Action


Another consideration is the detriment to our professional
reputation regarding our clients and prospects.
 From the client prospective, first, they bought me and
the insurance company not LTPC. Second,if LTPC doesn't
provide timely and appropriate service to them, that
impacts on my professional reputation. I am monitoring one
particular scenario as we speak to see if the service is
up to par. We should all be concerned about our
professional reputation in so far as Cendant's actions
have impacted it. It has bearing on our ability to earn a
living.
 From the standpoint of prospects planning to write at
some future date, all of that work was for nothing and I
am letting them down--they trusted me--build trust,
remember. Isn't that what we were taught. My professional
reputation has been impacted again.
Keep an eye on the impact on your professional reputation
resulting from LTPC's actions and document any events.
Kathy


On Wed, 25 Jun 2003 00:04:35 EDT
  ShampooRic@aol.com wrote:
>
>
>Dear LTPC Alums:
>
>I have noticed the lack of discussion on here.  I thought
>that there would be
>more in the way of unity among those that felt they were
>mislead.  However
>there are things in the works.  Attorneys are looking
>over documents and
>probably by the end of the week or early next week should
>have some sort of opinion
>about where we go from here. 
>
>I will post the results of there findings as soon as I
>get it.  I decided to
>pursue this for several reasons.  I myself was far from
>being vested.  But I
>believe that what happened to us is more than just a
>company closing down.  I
>believe that there are a lot of us out there that would
>do something if we
>could.  All I am doing is exploring the legalities to see
>if it is possible and to
>see if any laws have been broken.
>
>Like I said before I do not spend much time with this and
>I am back working. 
>A lot of people out there say that this is a dead issue. 
>They are wrong, it
>is far from it.  This is a money issue.  Just ask those
>that were close to
>vesting and then have the rug pulled out from under you
>for no fault of their
>own.  They lost thousands.  And what about the people
>that were hired in the last
>few months.  They lost time and income and could have
>been working someplace
>else. 
>
>We should have a clearer idea of what we can do in the
>near future.  I would
>like to know if anyone else is pursuing this?  Who else
>out feels that the
>company wronged many individuals, even if you do not
>think it was you?
>
>Would like to get some input.   We are only in the
>preliminaries of any
>action.  Would like to get an idea of who would like to
>pursue this course.  Will
>post my findings whatever they are soon.
>
>Richard
>
>

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