In his first major action as North Carolina Attorney General, Jeff Jackson has sued six large property management companies, accusing them of conspiring to keep rent prices above market rates.

Just days after being sworn into office, new North Carolina Attorney General Jeff Jackson has sued seven large companies that own thousands of apartments and other housing units, alleging they've been illegally colluding to raise rents,

The Justice Department, with its state co-plaintiffs, filed an amended complaint Tuesday in its antitrust lawsuit against RealPage, to sue Greystar Real Estate Partners LLC (Greystar); Blackstone's LivCor LLC (LivCor);

The U.S. Justice Department is suing six major landlords for allegedly collaborating to keep rents high. The lawsuit accuses the landlords of using RealPage's rent-setting algorithm and sharing sensitive data to avoid lowering rents.

The U.S. Department of Justice and 10 state attorneys general have ramped up their antitrust lawsuit against RealPage, a property management software compa

The U.S. Department of Justice is suing several major landlords for allegedly colluding to keep rents high. The lawsuit accuses them of using an algorithm to set rents and sharing sensitive pricing information to avoid competition.