While the ski patrol strike ended roughly a week ago, the migraine for Vail Resorts regarding the situation continues.
Yesterday, Pomerantz LLP announced that it’s investigating whether Vail Resorts’ officers and directors have engaged in unlawful business practices, such as securities fraud. They’re aiming to protect investors who lost money during the strike.
According to the law firm, here’s what they’re looking into:
“On January 2, 2025, Seeking Alpha reported that Vail shares ‘have come under increased selling pressure . . . as the strike by 200 members of the Park City Professional Ski Patrol Association continues without a satisfactory offer from the company’, which ‘has now garnered support from ski patrols at Vail Resorts’ other locations.’ Seeking Alpha further reported that ‘[t]o keep the slopes open during the holiday week, Vail Resorts . . . has reassigned patrollers from its Breckenridge, Crested Butte, and Keystone resorts to fill in for striking members at Park City’, but that ‘by transferring patrol from one resort to another, the company risks damaging workforce morale and creating an unsafe environment for guests.’
On this news, Vail Resorts’ stock price fell $12.29 per share, or 6.56%, to close at $175.16 per share on January 2, 2025.”
It should be noted that these unlawful business practice claims have not yet been verified, so it is not guaranteed whether a lawsuit will occur. However, it’s an interesting development.
This isn’t the only legal headache from this situation for Vail Resorts. An Illinois man filed a class action lawsuit against Vail Resorts over a $15,000 vacation that was derailed by the strike. According to KSL, hundreds of people have contacted that law firm to attempt to join in.
If you have been impacted by this, you can click here to fill out your contact information, or you can email newaction@pomlaw.com.
Image Credits: Park City Mountain Resort, Vail Resorts
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