Claim Form Deadline: January 13, 2025
Payout: Varies
Proof Required: Yes
A $2.8 million class action lawsuit, Sullivan v. YES Energy Management, Inc., claims that YES Energy Management unlawfully charged Maryland tenants administration fees when they paid their utility bills electronically. YES Energy Management has agreed to settle the lawsuit for $2.8 million.
The lawsuit alleges that YES Energy and its parent company, Yardi Systems, Inc., acted as collection agencies in Maryland without the necessary collection agency license and violated Maryland law by imposing fees related to that unlicensed activity.
YES Energy Management is a third-party billing company that partners with property management firms to manage utility billing for residential properties.
YES Energy Management operates in Maryland, offering utility billing services for residential properties. The company is a subsidiary of Yardi Systems, Inc., a real estate-focused company that specializes in investment, property, asset, and energy management.
The total settlement amount for the YES Energy Management and Yardi Systems, Inc. class action is $2,800,000.
To qualify for a payout, you must be a Maryland resident who paid an “Administration Fee” on an invoice from YES Energy Management, Inc. between October 4, 2018, and March 19, 2024.
Your payout will be based on a pro-rata share of the settlement fund, determined by the amount of administration fees you paid compared to the total fees paid by all eligible claimants. If YES Energy cannot determine the exact fees you paid, it will assume that you paid an “Administration Fee” of $4 per month for twelve (12) months during the class period.
You can file a claim by submitting an online form on the settlement website or by mailing a completed form to the Settlement Administrator. The claim deadline is November 13, 2024, for members of the “Initial Class List” and January 13, 2025, for members of the “Supplemental Class List.” Visit the official YES Energy Management class action website to determine which list you belong to.
Yes, you will need a unique ID and PIN, which can be found on any notice you received about the settlement. This notice will contain a 10-character alphanumeric “Unique ID” and a 4-digit “PIN” at the top. If you did not receive a notice or misplaced it, contact the class action administrators for assistance.
You may also need to provide details about the administration fees you paid. If YES Energy has this information, it will be pre-filled in your claim form. If the fees cannot be identified, you can confirm whether you paid more than the assumed amount.
Claim Form Website: SullivanClassAction.com
Please be aware that your claim form will be rejected if it contains fraudulent information. By submitting your information and your sworn statement of its accuracy, you are agreeing to do so under penalty of perjury. Submitting false information not only jeopardizes your claim but also affects others who are genuinely eligible for the settlement. If you are uncertain about your eligibility for this class action settlement, please visit the class action administrator’s website for more information. Note that NoProofClassActions.org participates in the Amazon affiliate advertising program, and this post may include affiliate links, which could result in us earning a commission if you make a purchase through those links.