Mid-America $53M Settlement Lands in Sweeping Rent-Fixing MDL
America ı By Rihem Akkouche
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States Push Back — and Get Pushed Back
In their objections, the attorneys general said the plaintiffs’ memorandum seeking preliminary approval failed to estimate how much individual class members might receive. They argued it did not explain how settlement funds would be distributed, how attorneys’ fees and litigation costs would be handled, or whether the recoveries were proportionate to alleged harms.
The memorandum, they added, never compared the total settlement amounts with estimated aggregate damages or rent overcharges, nor did it calculate any percentage recovery.
Several landlords countered that the states lacked standing to object, pointing to the Sixth Circuit’s 2019 ruling in Chapman v. Tristar Products Inc. In that case, the appellate court rejected Arizona’s attempt to object to a nationwide class action settlement, holding that objections belonged to class members themselves.
“In insisting that parens patriae and CAFA give them a unique interest,” the landlords argued, the attorneys general were rehashing arguments already rejected by Chapman.
Legal Teams on Both Sides
The renter class is represented by a broad coalition of law firms, including Scott + Scott Attorneys at Law LLP, Robins Kaplan LLP, Hausfeld LLP, Berger Montague, Lieff Cabraser Heimann & Bernstein LLP, Hagens Berman Sobol Shapiro LLP, Lowey Dannenberg PC, Joseph Saveri Law Firm LLP, Cafferty Clobes Meriwether & Sprengel LLP and Kozyak Tropin & Throckmorton LLP, among others.
Mid-America Apartment Communities is represented by attorneys from Mayer Brown LLP and Baker Donelson Bearman Caldwell & Berkowitz PC.
As courts continue to sift through the claims, the mid-america $53m settlement underscores the mounting pressure on landlords to resolve allegations that pricing algorithms crossed the line from efficiency tool to antitrust lightning rod.
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