Settlements Reached in Alleged Rent-Fixing Scheme; Employment Misclassification
Greystar will pay $7 million and accept restrictions on rent-setting algorithms after allegations of colluding with other landlords to raise rents across nine states.
9 Articles
9 Articles
Settlements reached in alleged rent-fixing scheme; employment misclassification
Attorney General Phil Weiser said Colorado and eight other states are filing a proposed $7 million settlement with Greystar Management Services, LLC, one of the nation’s largest apartment managers, to resolve claims that the company participated in an anti-competitive scheme…
Colorado announces $7 million rent 'scheme' settlement
Colorado announces $7 million rent 'scheme' settlement kcpnews2 Tue, 11/25/2025 - 05:00 Image (The Center Square) Colorado Attorney General Phil Weiser announced a proposed settlement with apartment rental company Greystar over an alleged “anticompetitive scheme.”Colorado joined eight other states in suing the company over the alleged scheme back in January, which they say systematically drove up rental prices.If the settlement is approved by …
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