Munguia-Brown et al v. Equity Residential et al

  1. June 26, 2024

    Tenants Say REIT Owes $26M For Illegal Late Fees

    A certified class of about 190,000 tenants urged a California federal court to grant them a final judgment of more than $26.1 million in their class action accusing real estate investment trust Equity Residential of charging them excessive fees for late rent.

  2. April 24, 2024

    Equity Tallies Illegal Late Fees Owed Tenants In Ruling

    Equity Residential executives during an earnings call Wednesday said the landlord is still weighing the implications of a California federal judge's decision in early April voiding its fees for late rent after finding Equity only sought to drum up revenue with the charge in violation of state law.

  3. June 08, 2023

    Equity Residential Class Seeks $38M As Late Fee Trial Opens

    Counsel representing a certified class of 187,000 renters said during openings of a landmark California federal bench trial Thursday that rental giant Equity Residential owes $38.2 million for charging an illegal 5% late fee to quadruple its profits, while Equity's counsel said the fees were voluntary and covered rising personnel costs.

  4. April 12, 2023

    Class Trial Over Equity Residential's Late Fees May Be A First

    Nearly 200,000 tenants of rental giant Equity Residential are set to tell a California federal judge in a June bench trial that the company used fees for late rent as a revenue stream in violation of a state law limiting such charges in what's likely the first class-action trial over the subject.

  5. October 24, 2017

    Calif. Tenants Get Class Cert. In Late Fees Suit

    A California federal judge on Monday certified two classes of tenants who say Equity Residential and its corporate affiliates illegally charged them late fees, violating a California law mandating that late fees reflect the landlord's loss as a result of the late rent payment.