DOJ to settle rent-fixing lawsuit against Cushman & Wakefield-owned landlord
The Justice Department plans to settle a lawsuit accusing a Cushman & Wakefield-owned property management company of participating in a rent-fixing scheme with other landlords using an algorithm from RealPage.
The Justice Department will settle a lawsuit that accused a Cushman & Wakefield-owned property management company of taking part in a scheme to fix rents with other landlords using an algorithm from apartment-pricing company RealPage. The settlement would bar Pinnacle from certain practices.