Pacific Retirement Services Offers Proposal To Manor Residents

, Posted: Thu, December 6 2012 at 8:04 AM, Updated: Thu, December 6 2012 at 8:09 AM

Pacific Retirement Services is laying out their offer to residents from the Rogue Valley Manor.

In a presentation on Tuesday, P.R.S. lined out a proposal, in which manor residents would name two new board members, and P.R.S. would choose 7 others, giving residents veto power over 3.

It's all in an effort to prevent a 30 million dollar class-action lawsuit, filed by manor residents.

The retirement community and P.R.S. have been at odds since the summer months after the manor board claimed their parent company was over-charging residents for fees to support less successful P.R.S. ventures.

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