UDR · News · 20260805N

Litigation and Legal Risk

UDR, Inc. · 2026-08-05 · Importance 34 · Surprise 42 · In source text

UDR was named as a defendant in a class-action lawsuit filed in San Diego by former tenant Jacob Keller. The complaint alleges that UDR used RealPage-like algorithmic rent-pricing software and nonpublic competitor data to set rental rates and occupancy levels, violating San Diego Municipal Code § 98.1103. Plaintiffs are seeking injunctive relief, damages, and civil penalties, creating potential legal exposure amid separate federal litigation involving RealPage.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
liabilitynegativecontingentUDR has been named in a class-action lawsuit in San Diego filed by a former tenant, Jacob Keller, alleging illegal algorithmic rent pricing.