Camping World lawsuits currently span four fronts: a March 2026 securities fraud class action in federal court in Illinois, a wave of consumer suits in South Carolina over allegedly defective RVs, a $3.5 million deceptive-pricing settlement with the Oregon Department of Justice, and a series of arbitration and court fights tied to former CEO Marcus Lemonis’s CNBC show The Profit. A separate flag-size dispute with a North Carolina city is also pending.
The 2026 Securities Fraud Class Action
Investors sued Camping World Holdings, Inc. in March 2026 in the U.S. District Court for the Northern District of Illinois. The case is captioned Siverd v. Camping World Holdings, Inc., et al., No. 1:26-cv-02710.1Morningstar. CWH Legal Alert: Camping World Hit With Securities Fraud Class Action The complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and covers a class period from April 29, 2025 through February 24, 2026.2Zlk.com. Camping World Holdings, Inc. Class Action Lawsuit
Three executives are named: Marcus A. Lemonis, who served as CEO until his retirement on December 31, 2025; Matthew D. Wagner, who succeeded him on January 1, 2026; and CFO Thomas E. Kirn.2Zlk.com. Camping World Holdings, Inc. Class Action Lawsuit Investors say the company repeatedly told the market it was “surgically managing” its RV inventory through data analytics while overstating consumer demand, concealing serious inventory problems and weak internal controls over financial reporting.3PR Newswire. CWH Legal Alert: Camping World Hit With Securities Fraud Class Action
Two earnings releases anchor the complaint. On October 28, 2025, the company reported a 7% decline in new vehicle revenue, an 8.6% drop in average selling price, and shrinking gross margins; shares fell 24.8% the next day, from $16.82 to $12.65.4PR Newswire. CWH Legal Alert Around that time, Lemonis reportedly acknowledged the company may have been “delusional” about its inventory performance and that discounting was necessary. On February 25, 2026, fourth-quarter results disclosed a $109.1 million net loss, immediate suspension of the quarterly cash dividend, and new “strict, corrective inventory management objectives.” Shares dropped another 16.5%, closing at $9.06.2Zlk.com. Camping World Holdings, Inc. Class Action Lawsuit
The lead plaintiff deadline was May 11, 2026, and no class had been certified as of that date.5Newsfile Corp. Shareholder Alert: Securities Class Action Filed Against Camping World Holdings
Oregon $3.5 Million Deceptive Pricing Settlement
In December 2024, Camping World agreed to pay $3.5 million to resolve a multi-year investigation by the Oregon Department of Justice.6The Oregonian. Oregon RV Dealer Must Pay Back $3 Million to Customers After DOJ Investigation Investigators found that Camping World locations in Phoenix, Medford, Coburg, Wood Village, Hillsboro, Wilsonville, and Bend advertised discounted “Dare to Compare” prices, then clawed back the discount at the register by double-charging customers for freight and preparation fees already folded into the advertised price.7KATU News. Camping World to Refund $3 Million to Customers After Oregon DOJ Investigation
Attorney General Ellen Rosenblum announced that $3 million would go to refunds for customers who bought an RV between January 1, 2017 and December 31, 2018 and paid more than the advertised price. The remaining $500,000 went to the state as penalty fees.8KATU News. Camping World to Refund $3 Million to Customers Buyers who purchased after 2018 could also seek refunds by filing a written complaint with the Oregon DOJ within six months of the December 2024 announcement.9The Oregonian. Oregon RV Dealer Must Pay Back $3 Million
The settlement also bars the company from charging Oregon customers more than the advertised price (excluding taxes, registration, and optional accessories), requires the same price whether a buyer pays cash or finances, and orders freight and prep charges to be disclosed on a label affixed to the vehicle. Purchase orders must use plain terms; investigators had criticized the vague abbreviation “environ” for a limited weather-damage warranty. “Free” offers tied to a purchase are banned when the entity providing them, such as the Good Sam Club, is owned by Camping World.10NewsNation. Camping World Reaches $3.5 Million Settlement After Double-Charging
South Carolina Consumer Lawsuits Over Defective RVs
The Camping World dealership at 8155 Rivers Avenue in North Charleston, South Carolina has drawn a steady stream of consumer lawsuits, many filed by attorney Josh Slavin. Complaints against the location date to 2009, but filings have accelerated. In March 2025, more than a dozen suits were filed in Charleston County alleging the dealership knowingly sold RVs with pre-existing defects.11Live 5 News. North Charleston Camping World Accused of Poor Operations
The allegations follow a pattern. Customers say the RVs arrived with leaks, cracks, rust, and mold, and that the dealership failed to make repairs despite repeated promises. One suit filed in late 2025 described a 2022 RV with a door that would not lock, an overwhelming propane odor from unsecured gas lines, and persistent water leaks, with a third-party inspector eventually warning the buyer not to use the vehicle because of mold inside.12Live 5 News. New Lawsuits Keep Coming Against North Charleston Camping World
Repair delays surface repeatedly. Customers allege the dealership kept RVs in the shop for six to nine months or longer without resolving the underlying problems, and in some cases failed to appear for scheduled maintenance appointments. As of May 2026, Slavin said his firm had up to eight pending cases against the dealership, with at least one new inquiry arriving each week.13Live 5 News. New Lawsuits Keep Coming Camping World has not responded to media requests for comment on the litigation.
Litigation Tied to The Profit
Several former participants in the CNBC series The Profit, where Lemonis invested in and advised struggling small businesses, have sued him, Camping World subsidiaries, and the show’s producers. So far the results have gone against the plaintiffs.
Tumbleweed Tiny House Company
Tumbleweed and its CEO Steve Weissmann brought claims alleging misconduct by Lemonis in connection with loans from FreedomRoads, a Camping World subsidiary. Arbitrator Candace Cooper, a retired judge, rejected the allegations, finding “the weight of the evidence shows that Lemonis was attempting to ‘save’ Tumbleweed, not have it fail.”14RV Business. Judge Rejects The Profit-Related Claims Against Lemonis
On July 8, 2025, Los Angeles Superior Court Judge Christopher Liu confirmed the award. Weissmann was held personally liable to FreedomRoads for $4.1 million in unpaid loans. The arbitrator also awarded nearly $4.5 million in attorneys’ fees and costs to Camping World, FreedomRoads, and Lemonis, plus $5 million more to NBCUniversal and Machete Corporation, the show’s production company.15Camping World Investor Relations. Retired Judge Rejects Frivolous Claims About The Profit Filings also indicated Weissmann had accepted $250,000 in deposits from nearly a dozen customers for tiny homes that were never delivered, despite knowing the company lacked funds to operate.16RV Business. Judge Rejects The Profit-Related Claims
Precise Graphix
The bankruptcy trustee for Precise Graphix, an Allentown, Pennsylvania design firm, sued in Los Angeles County Superior Court seeking at least $30 million for fraud and breach of contract arising from the show. The trustee claimed Lemonis received a one-third stake without making a promised $270,000 investment and that Precise Graphix was forced to work at a loss for Lemonis-controlled entities.17Los Angeles Times. Design Company Sues NBC and The Profit in $30 Million Fraud Claim Arbitrator Ann Jones dismissed all fourteen causes of action as “unsupported by competent, credible evidence” and awarded $7.1 million in attorneys’ fees and costs to NBCUniversal, Camping World, and Machete. The trustee’s attorney, Gerard Fox, announced an appeal, saying “the judge disregarded the facts and the law.”18Los Angeles Times. The Profit Companies Win Arbitration Case
Gooberry / Courage.B
Nicolas Goureau and Stephanie Menkin, owners of the handbag company Gooberry (also known as Courage.B), sued Lemonis in the Southern District of New York. They alleged he invested $800,000 for a 32% stake, seized total financial control, overspent on renovations by roughly $1.8 million beyond budget, and loaded the business with unsustainable debt. The complaint included Racketeer Influenced and Corrupt Organizations (RICO) Act claims and sought at least $12 million.19Forbes. Lawsuit Claims The Profit’s Marcus Lemonis Preyed on 50 Small Businesses The court dismissed the amended complaint in its entirety in 2021 for failure to state a claim, and specifically rejected the RICO count, noting it was also an improperly structured derivative action.20deBanked. Goureau v. Lemonis Dismissal Order
A proposed amended complaint alleged that as many as 51 companies experienced a pattern of fraud, debt-loading, and asset seizure connected to The Profit, and a group of those companies was slated for mediation with Lemonis.19Forbes. Lawsuit Claims The Profit’s Marcus Lemonis Preyed on 50 Small Businesses Lemonis has consistently denied wrongdoing, calling the suits a “shakedown” and stating after the Tumbleweed ruling: “I hope this case is an example to people that there are consequences for pursuing false allegations.”21RV News. Camping World Wins Legal Suit
The Greenville, North Carolina Flag Dispute
The City of Greenville, North Carolina sued Camping World in June 2025 (Case No. 25CV004175730) over a 3,200-square-foot American flag flown on a 120-foot pole at one of its locations. The display exceeds the city’s 216-square-foot flag-size limit and its 50-foot flagpole height cap. Greenville began fining the company $250 per day in January 2025, and accumulated fines had passed $21,000 by the time the suit was filed.22WCTI 12 News. City of Greenville Sues Camping World Over Unpaid Fines for Oversized American Flag
On August 8, 2025, Lemonis filed a motion to dismiss, arguing the ordinance violates a North Carolina statute prohibiting government entities from banning the display of official governmental flags, and accusing the city of retaliating against Camping World for exercising its rights to free speech and to petition.23FOX 40 Sacramento. Camping World CEO Files Motion to Dismiss Lemonis said publicly: “The flag is not coming down…not if I lose the lawsuit, not if they fine me a million dollars, not if they lock me up in jail.”24WCTI 12 News. City of Greenville Sues Camping World The case remained pending as of late 2025.
Why the Leadership Change Matters to the Class Action
On December 2, 2025, Lemonis told Camping World’s board he would retire as CEO, chairman, and board member effective December 31, 2025. The company described the departure as a planned succession.25SEC EDGAR. Camping World Holdings 8-K Filing Matthew Wagner, the company’s president, took over as CEO on January 1, 2026, Brent Moody became chairman, and Lemonis moved into a non-executive role titled Co-Founder and Special Advisor.26Camping World Investor Relations. Camping World Announces Leadership Succession Plan Both Lemonis and Wagner are named as defendants in the 2026 securities fraud complaint for their conduct during the class period.