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Aimco Maryland Deposit Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

This class action alleges that AIMCO, an owner and manager of apartment properties, did not fully refund tenants’ security deposits, but withheld amounts for damages without complying with Maryland’s Security Deposit Statute.

Docket Number:

13C14098891

Filing Deadline: January 11, 2016

Class Period: April 15, 2010 to April 6, 2015

Objection Deadline: June 20, 2015

Exclusion Deadline: June 20, 2015

Final Approval Hearing: July 14, 2015

Proof of Purchase:

AIMCO will supply records of qualifying tenants; the settlement administrator will audit AIMCO records to determine eligibility of other claims.

Eligibility:

You may be eligible if:

  • you leased an apartment from any Maryland property owned and managed by an AIMCO affiliate,
  • paid a security deposit, and
  • moved out between April 15, 2010 and April 6, 2015.

You are not eligible if the withheld amounts were solely for unpaid rent or utility fees.

Typical Settlement Amount:

Varies;100% of the amount withheld plus 3% interest.

Total Settlement Amount: Amount required to satisfy claims.

Class Representative Proposed Incentive Fee:

$3,000

Claim Form: Aimco Settlement Claim Form

Case Name: Butler v. Apartment Investment and Management Company

Settlement Website: Butler V. AIMCO Settlement Website

Claims Administrator:
Kurtzman Carson Consultants

Claims Administrator Contact Information:

Butler v. AIMCO Settlement Administrator

Kurtzman Carson Consultants

P.O. Box 40007

College Station, TX 77842-4007 

Tags: Rental Deposits, Your Home