Class Action

Price-Fixing Rental Software Class Action - Quebec

Slater Vecchio LLP is investigating a class action lawsuit against RealPage, Inc. for allegedly offering a software that landlords use to set rent prices.

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Price-Fixing Rental Software

What is this lawsuit about?

It is alleged that some landlords and property managers in Quebec use YieldStar, an AI Software created by RealPage, Inc., to share proprietary rental pricing data with competitors and set rent prices.

GWL Realty Advisors Residential Inc. and Dream Unlimited Corp. are among the property management companies in Quebec that are alleged to have used YieldStar to influence rent prices.

What is a class action?

A class action is a legal case through which one person makes a claim to the Court on behalf of a similarly situated class of people who have the same or a similar legal claim. A class action seeks to hold a defendant or defendants responsible for their conduct that affects each member of the class by resolving issues that are common to the class in the same legal proceeding instead of each class member bringing a claim individually.

The individual who first files the claim must ask the Court for permission to proceed as a class action. If permission is granted (referred as “authorized” in Quebec, and “certified” in all other Canadian provinces) and the case may proceed as a class action, the Court will appoint an individual as “Representative Plaintiff” to represent the best interests of the class during the litigation and will define the class group. Each person who meets the criteria of the class group is considered a “Class Member”.

What should proposed class members do now?

If you reside in Quebec and pay (or paid) rent to GWL Realty Advisors Residential Inc., Dream Unlimited Corp., or any other company that uses YieldStar to set rent prices, please fill out the form on this webpage.

 

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