On October 11, 2024, the Court granted preliminary approval of a proposed class action settlement (the “Settlement”) in Christian Yu, et al. v. Gleiberman Properties, Inc., et al. Your rights may be affected by the Settlement if you are an eligible class member.
You may be entitled to money from this Settlement if you were a tenant in one of their California residential apartment communities and either your lease terminated (“Security Deposit Class Members”), and/or you were paid one or more late fees (“Late Fee Class Members”), from February 26, 2017 through October 11, 2024 (the “Class Period”). The Security Deposit Class Members and the Late Fee Class Members will be collectively referred to as the “Settlement Group Members.” The Court ordered that a Notice be sent to eligible class members that may be entitled to money under the Settlement and because the Settlement affects their legal rights.
There are three types of Class Members in this Action:
A) Security Deposit Class Members
All former tenants of Defendant's California properties whose leaseholds terminated between February 26, 2017 to the date of preliminary approval and had greater than $125 of Qualifying Charges.
B) Late Fee Class Members
All current and former Tenants (i.e., individuals over the age of 18 classified as a Primary Tenant) of Defendant’s California Properties who were charged a late fee between August 9, 2017 to the date of preliminary approval that was not waived or excused.
C) Debt Relief Class Members
All Settlement Group Members who do not exclude themselves will get the benefits of the waiver of debt if they are indebted to Defendant as a result of qualifying charges.
The Settlement provides that Defendant will, subject to Court approval: (1) waive approximately $4.5 million in claims against Class Members for condition-based move-out charges, (2) waive approximately $150,000 thousand dollars in claims against Class Members for late fees; and (3) provide a cash fund of approximately $4.8 million as payment to the Class to fully resolve all claims in the Lawsuit (“Cash Payment”), Settlement Administration Costs, Class Counsel’s Attorneys’ Fees and Costs, and the Class Representative Service Payments for a total settlement of approximately $9,450,000.00 (“Total Settlement Amount”).
SECURITY DEPOSIT CLASS | |
FILE A CLAIM FORM BY January 10, 2025 |
This is the only way to receive a payment. CLICK HERE TO SUBMIT A CLAIM |
EXCLUDE YOURSELF FROM THE SETTLEMENT BY JANUARY 10, 2025 | Get no benefits. This is the only option that may allow you to individually sue Defendant over the claims being resolved by this settlement. |
OBJECT TO THE SETTLEMENT BY JANUARY 10, 2025 | Write to the Court with reasons why you do not agree with the settlement. |
Do Nothing | You will not get any compensation from the settlement and you will give up certain legal rights. |
LATE FEE CLASS | |
Do Nothing | Late Fee Claims will be paid without a claim form. |
EXCLUDE YOURSELF FROM THE SETTLEMENT BY JANUARY 10, 2025 | Get no benefits. This is the only option that may allow you to individually sue Defendant over the claims being resolved by this settlement. |
OBJECT TO THE SETTLEMENT BY JANUARY 10, 2025 | Write to the Court with reasons why you do not agree with the settlement. |
DEBT RELIEF CLASS | |
Do Nothing | All Settlement Group Members who do not exclude themselves will get the benefits of the waiver of debt if they are indebted to Defendant as a result of qualifying charges. |
EXCLUDE YOURSELF FROM THE SETTLEMENT BY JANUARY 10, 2025 | Get no benefits. This is the only option that may allow you to individually sue Defendant over the claims being resolved by this settlement. |
OBJECT TO THE SETTLEMENT BY JANUARY 10, 2025 | Write to the Court with reasons why you do not agree with the settlement. |