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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (3773)2/28/1998 8:38:00 AM
From: Pancho Villa  Read Replies (2) of 18691
 
BFIT: emails to and from a lawyer involved in a CT class action lawsuit:

>From: octavio.richetta <octavio.richetta@MCIONE.com>
>To: lawyer@consumerlawgroup.com
>Subject: Bally Fitness Class Action Lawsuit
>Date: Friday, February 27, 1998 1:02 PM
>
>Are you considering some kind of a nation-wide effort?ÿ Is 20/20 or >60 minutes ever going to do a show on this crooks?ÿ Such show would >probably help your case.
>
>Octavio Richetta PhD

From: Daniel S. Blinn <danblinn@mail1.nai.net>
To: octavio.richetta <octavio.richetta@mcione.com>
Date: Friday, February 27, 1998 4:25 PM
Subject: Re: Bally Fitness Class Action Lawsuit

>Its difficult to do a nation-wide class action suit, because the various
>problems all involve questions of state, and not federal, law.ÿ In
>Connecticut, for example, I believe that the form of contract used by BTF
>violates state law.ÿ I am considering doing similar suits in other states
>(obviously in conjunction w/ atty's admitted to practice in those states),
>and as I meet people who are interested and who send me their contracts, I
>determine whether grounds for a suit exist.ÿ So far, it looks promising.
>
>Where are you located?

And my response:

Thanks for your reply.ÿ I am not a lawyer, but based onÿ the fact that the contract does not allow cancellation unless you move to a location that is further thanÿ 25 miles from any ofÿ their nationwide locations, can one assume thatÿ federal law may be involved? or is it just the states in which they operate?

I am located in Boston MA
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