Penalty Amount
$7,000,000
Colorado Attorney General Phil Weiser, as part of a bipartisan coalition of nine attorneys general, announced a $7 million settlement with LivCor, LLC for its role in an algorithmic rent-fixing scheme. LivCor allegedly used RealPage's revenue management software to share and gather confidential pricing information with competing landlords, artificially inflating rental prices. The settlement requires LivCor to cease using such software, pay $7 million in penalties, and cooperate in ongoing litigation against RealPage.
LivCor must pay $7 million in penalties and fees to the states, cease use of any revenue management software that uses competitors' nonpublic pricing data, refrain from sharing competitively sensitive pricing information, establish an antitrust compliance and training program, accept a court-appointed monitor if using uncertified third-party pricing algorithms, and cooperate fully with ongoing litigation.
In-house legal teams should review vendor agreements with property management software providers (like RealPage) to ensure clauses prohibit the sharing of competitively sensitive nonpublic pricing data. Key clauses to examine include data processing agreements, confidentiality provisions, and restrictions on using aggregated competitor data for pricing recommendations. Additionally, customer lease agreements should be reviewed for any references to algorithmic pricing, and antitrust compliance training programs should be mandated in vendor contracts. The consent decree's requirement for a court-appointed monitor if using uncertified third-party algorithms suggests that contracts should include certification requirements for any pricing software used.
Entity
LivCor, LLC
Industry
Real EstateOfficial Press Release
https://coag.gov/press-releases/attorney-general-phil-weiser-announces-7m-settlement-with-corporate-landlord-livcor-for-role-in-algorithmic-rent-setting-scheme/
LivCor Consent Judgment
https://coag.gov/app/uploads/2026/06/LivCor_Consent-Judgment.pdf
Colorado Attorney General Enforcement Page
https://coag.gov/
"LivCor, LLC"
"$7 million settlement"
"used RealPage’s revenue management system to fix rental prices with competing landlords by illegally sharing and gathering confidential pricing information"
"Colorado Antitrust Act"
"bipartisan coalition of nine attorneys general"
"cease use of any revenue management software that uses competitors’ nonpublic pricing data"
$7.0M
Attorney General Ellison, as part of a bipartisan coalition of nine attorneys general, announced a $7 million settlement with property management company LivCor, LLC. The settlement resolves allegations that LivCor used RealPage's revenue management system to illegally share and gather confidential pricing information with competing landlords, enabling them to keep rental prices artificially high. LivCor must cease using such software, refrain from sharing competitively sensitive information, establish an antitrust compliance program, and cooperate in ongoing litigation against RealPage.
$29.6M
Attorney General Phil Weiser joined a bipartisan coalition of 48 states and territories in announcing a $29.6 million settlement with Glenmark Pharmaceuticals. The settlement resolves allegations that Glenmark participated in a widespread conspiracy to inflate prices, reduce competition, and restrain trade for numerous generic prescription drugs. Glenmark also agreed to cooperate in ongoing multistate litigation and implement internal reforms.
$18.0M
A coalition of 42 state attorneys general settled with the bankruptcy trustee for 23andMe over a 2023 data breach that exposed genetic data of 6.9 million customers. The states will receive $18 million from bankruptcy funds, and 23andMe agreed to enhanced data security requirements and consumer deletion rights as part of the asset sale to TTAM Research Institute.
$45.0M
Attorney General Phil Weiser announced a $45 million multistate settlement with Block, Inc., the company behind Cash App, for misleading consumers about the safety of the platform and failing to protect users from fraud. The settlement requires Block to implement antifraud measures, provide customer support, and stop deceptive marketing practices.
$3.3M
Colorado Attorney General Phil Weiser, along with a bipartisan multistate coalition and the U.S. Department of Justice, settled with Cal-Maine Foods, Versova/Centrum, and Hickman's Egg Ranch for colluding to manipulate egg prices. The companies secretly coordinated bidding activity to influence the Urner Barry price index, artificially inflating egg prices for consumers and retailers nationwide. The settlement requires the companies to pay $3.3 million, donate 53 million eggs to food banks, and implement compliance measures.
The Colorado Attorney General settled with Unlock Partnership Solutions, Inc., which marketed home equity agreements that were determined to be consumer credit transactions subject to Colorado's Uniform Consumer Credit Code and Consumer Equity Protection Act. The company must comply with lending laws, rate caps, disclosures, and licensing, and pay $283,375 in restitution to 125 consumers, with additional payments expected.