Collier Companies 5.5M Settlement Over Accelerated Late Fees and Rent Demands

Deadline
Deadline: February 24, 2026
Total Settlement Amount
Total amount allocated for all claims
Individual Payout Range
Estimated amount per eligible claim
Proof of Purchase
No proof is required according to the provided settlement summary.
Settlement Summary
The Collier Companies, Inc. and Paradigm Properties Management Team are facing a proposed $5.5 million class action settlement tied to how they pursued money from certain former residential tenants. At the center of the dispute are “notices” sent after a tenant had moved out (or after the tenancy otherwise ended) that allegedly demanded payment of “accelerated” late fees or rent—amounts that can sound like the landlord is charging future rent or stacking fees more aggressively than typical month-to-month late charges. The settlement targets people who received such a demand notice, and it indicates no proof is required to submit a claim, suggesting eligibility may be confirmed through company records. The lawsuit was filed because plaintiffs contend these accelerated late-fee or rent demands were improper under applicable landlord-tenant rules and consumer protection principles, potentially pressuring former tenants to pay sums they did not legally owe or that were calculated in a way the law doesn’t allow. Its significance is twofold: it can return money to affected renters while also nudging large property managers toward more conservative, compliance-focused collection practices—especially around the sensitive end-of-lease period when “move-out charges” and balance-due letters often trigger disputes. More broadly, the case fits a wider pattern of housing-related class actions challenging fee practices (late fees, administrative fees, liquidated damages, or accelerated rent clauses), which are increasingly scrutinized under state landlord-tenant statutes, limits on penalties and unconscionable terms, and debt-collection rules that generally require demanded amounts to be lawful, accurately stated, and not misleading when communicated to consumers.
Entities Involved
Eligibility Requirements
- You were a former residential tenant
- You received a notice demanding payment of accelerated late fees and/or rent
- The notice was sent by or on behalf of Collier Companies, Inc. and/or Paradigm Properties Management Team
- You submit a claim (if required by the settlement) by the deadline of 2/24/26
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Important Notice About Filing Claims
Submitting false information in a settlement claim is considered perjury and will result in your claim being rejected. Fraudulent claims harm legitimate class members and may result in legal consequences.
If you are unsure about your eligibility for this settlement, please visit the official settlement administrator’s website using the link provided above. Review the eligibility criteria carefully before submitting a claim.
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