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The lawsuits drove the company to declare bankruptcy in 1995, before it agreed to pay $2.3 billion to settle claims from 240,000 women in amounts ranging from $2,000 to $250,000 each in 2004 ...
Equity Residential was sued in a class action in 2017 due to allegations that it charged late payment fees in violation of California law. [20] [21]In 2022, the company agreed to pay approximately $2 million to settle a lawsuit filed by Attorney General for the District of Columbia Karl Racine alleging that the company offered misleading rent discounts on a rent-controlled building in ...
A securities class action (SCA), or securities fraud class action, is a lawsuit filed by investors who bought or sold a company's publicly traded securities within a specific period of time (known as a “class period”) and suffered economic injury as a result of violations of the securities laws.
RealPage, Inc. is an American property management software company, owned by the private equity firm Thoma Bravo, and known for its algorithmic rent setting, which has been accused of antitrust violations and price fixing. Its services are used to manage more than 24 million housing units worldwide in multifamily, commercial, single-family, and ...
A Des Moines woman has filed a class-action lawsuit against Elevate Property Management, accusing it of charging fees that are illegal under state code and retaining security deposits in bad faith.
This story was originally published on 3/11/2021; it has been updated to reflect new information. A Las Vegas couple is still in a legal battle with the production company of HGTV's Property ...
The company acquired Reeds Rains in 2005, [5] [6] and became a publicly listed company on the London Stock Exchange in 2006. [7] In October 2006, the company underwent a rebranding exercise, changing its name from "Lending Solutions Limited" to "LSL Property Services." [8]
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