Why it matters
The settlement could provide payments to renters and requires settling real estate firms to stop sharing nonpublic rental data with RealPage. The case may still affect property companies and renters as related litigation continues.
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A federal court approved a settlement plan worth nearly $360 million for renters in the RealPage rent-pricing case. The approval may not end litigation over algorithmic rental pricing.
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The settlement could provide payments to renters and requires settling real estate firms to stop sharing nonpublic rental data with RealPage. The case may still affect property companies and renters as related litigation continues.