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Major Landlords Hit with Lawsuit Over Alleged Rent-Fixing Conspiracy in Colorado

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Denver, CO — The U.S. Justice Department and state prosecutors from Colorado and nine other states have escalated their legal battle against a group of prominent landlords and RealPage, the primary supplier of rental pricing algorithms. The lawsuit alleges that these parties conspired to artificially inflate apartment rents nationwide, utilizing technology that could disadvantage tenants. Originally lodged last summer, the case has now been broadened to include additional defendants such as Greystar, LivCor, Camden Property Trust, Cushman & Wakefield, Willow Bridge, and Cortland, all of whom operate or own significant rental properties in Colorado. According … Read more

Innovative Health Care Start-Ups Hit Roadblock with Decades-Old Legislation

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Across the United States, health care startups eager to introduce innovative services and technologies find themselves hindered by a decades-old regulatory process known as the Certificate of Need (CON). This law, established in the 1970s, requires certain health care providers to obtain government approval before opening or expanding facilities, ostensibly to prevent the duplication of services and to control health care costs. In theory, the CON process is meant to maintain hospitals’ financial stability and encourage the allocation of resources to areas most in need. However, critics argue that it stifles competition, protects established health … Read more

Investors Hit with Losses Sue MGP Ingredients, Inc. Over Alleged Misleading Statements

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RADNOR, Pa. — Investors who have experienced significant losses with MGP Ingredients, Inc., a publicly traded company, now have an opportunity to participate in a class action lawsuit. The lawsuit was initiated by Kessler Topaz Meltzer & Check, LLP, which alleges that the company misled its investors about its financial position and market dynamics. The lawsuit claims that between May 4, 2023, and October 30, 2024, MGP Ingredients made false and misleading statements about its business operations and prospects. Particularly, the lawsuit highlights that the company didn’t disclose the challenges of decreased consumption and oversupply … Read more

Idaho Falls Hit with Lawsuit Over Contractor Fees Amid Market Stir

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Idaho Falls, Idaho – A prominent home builders association in eastern Idaho has taken legal action against the city of Idaho Falls, contesting an ordinance that imposes impact fees on construction projects. The Eastern Idaho Home Builders Association (EIHBA), representing around 100 business owners and builders, argues that the fees are unlawfully applied and excessively high, potentially harming the local economy. Filed in October, the lawsuit claims that the city’s methods of collecting these fees during the permit issuance process violate Idaho state laws, which stipulate that such fees should only be collected once building … Read more