AIMCO Class Action Settlement
- Tenant’s security deposits are the subject of the AIMCO Maryland Security lawsuit
- The case is entitled Butler v. Apartment Investment and Management Company and is case number 13C14098891
- All claim forms must be in no later than 01/11/2016
The class members claim that AIMCO Maryland failed to pay back the correct amount of tenant’s security deposits in relation to apartment rents. AIMCO Class Action Settlement class members are defined as anyone who paid a security deposit and moved out between April 15, 2010 and April 6, 2015. According to the terms of the settlement AIMCO has agreed to pay the full security deposit PLUS 3% interest per year.
Settlement fine print and details
- No proof of purchase is required to file a claim or be awarded a 3% settlement
- Questions about the lawsuit can be directed to 877-863-1543
- Judge Richard S. Bernhardt of the Circuit Court for Howard County in Maryland has approved the settlement which was granted on 7/14
- Lead Plaintiff (is the named party, who files the case and represents the group)? Darice Butler
The main complaint in the lawsuit is “alleging that the property management company violated Maryland law by deducting certain amounts from tenants security deposits “without providing them a notice of the damages claimed together with an accurate notice of costs actually incurred.”
Claim forms can be requested via US mail by writing to: Butler v. AIMCO Settlement Administrator, PO Box 40007, College Station, TX 77842-4007. Class members will be represented by Benjamin J. Carney while the AIMCO Maryland has hired Avery B. Strachan to represent their cause.