litigation
confidence high
sentiment negative
materiality 0.70
Camden Property Trust named in DOJ antitrust lawsuit over RealPage rent-fixing allegations
CAMDEN PROPERTY TRUST
- DOJ and 10 states filed civil antitrust suit against RealPage and 7 rental operators, including Camden, on Jan 7, 2025.
- Allegations: collusion to fix rents using RealPage revenue management software, violating Sherman Act Section 1.
- Company states lawsuits are without merit; intends to vigorously defend; cannot estimate potential loss at this stage.