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$5.5 MIllion Settlement Lawsuit


Landlord loses Class Action


Landlord to Pay $5.5 Million in Class Action Settlement

A California Landlord has been found guilty of withholding in excess of $180,000 in security deposits over the past 10 years, and must pay his ex-tenants a total of $5.5 million in fines and reimbursements.

Richard Thomas, the landlord of a number of apartment buildings and single family homes in Oakland, was sued in a class action by some 200 of his former tenants.

Reportedly, each former tenant could potentially be awarded between $1,600 and $14,000 in reimbursements and fines.

NOV-10-08: Landlord to Pay $5.5 Million in Class Action Settlement [MERCURY NEWS: OAKLAND LANDLORD TO PAY $5.5 MILLION]

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