Durrance v. Concord Management: Automatic Deposit Checks

Who is included in the settlement?

• You must have been a residential tenant of the Concord Settling Parties between April 3, 2021 and April 3, 2025.
• You also must meet at least one of the notice’s listed conditions: the defendants claimed some or all of your deposit after sending a specified type of notice; they withheld or managed some or all of your deposit; or you were charged a listed liquidated-damages lease termination fee.
• The notice says recipients were identified from records as Class Members. It does not create a claim procedure for people who did not receive a notice.

What cash payment could I receive?

• A cash check is available only to Class Members whose security deposit was not returned and who do not exclude themselves.
• The check is not a fixed amount. It comes from the money left after approved fees, costs, administration expenses, and representative awards are paid. Each eligible member’s share is based on the amount of their withheld deposit compared with the total withheld deposits for eligible members.
• The notice says checks will be distributed within 45 days after entry of the Final Judgment.

Do I need to submit a claim or proof to receive a payment?

• No claim form or supporting documents are required for the automatic cash check.
• If final approval is granted, the administrator will mail the check to Class Members whose deposits were not returned.
• The notice does not describe a separate claim procedure for other settlement benefits.

What if my entire security deposit was returned?

• You will not receive a cash check if your entire security deposit was returned.
• You can still receive the other settlement benefits, including debt discharge and the credit-reporting program, if you remain in the Class.
• Debt discharge means the defendants will waive further collection of unpaid balances under covered residential lease agreements.

What are the debt and credit-report benefits?

• The proposed consent decree would stop the defendants from collecting further money under covered Class Members’ residential lease agreements.
• It would also stop them from reporting new negative credit tradelines for Class Members and require them to ask credit reporting agencies to delete negative tradelines they previously reported for Class Members.
• The notice calls this the Credit Amelioration Program. A credit tradeline is an entry on a credit report about an account or debt.

What happens if I do nothing?

• If you do nothing, you stay in the Class and receive the settlement benefits described in the notice.
• In return, you cannot bring, continue, or participate in another lawsuit against the defendants about the claims settled in this case.
• The settlement does not become effective unless it is finally approved; appeals could delay finality.

How can I opt out, and what would that mean?

• To leave the settlement, you must send a signed letter or exclusion form that gives your full name, current mailing address, and telephone number. It must say that you want to be excluded from the Class in the Durrance case.
• The request must be received by the Settlement Administrator by November 20, 2026. Phone calls and email cannot be used to opt out.
• Leaving the settlement means you receive no settlement benefits, but you are not bound by the settlement and keep any claims that otherwise would be released.

How can I object, and when is the court hearing?

• You may send a written objection if you stay in the Class. It must state your reasons and include your contact information and any documents or evidence you want the court to consider.
• The objection must be received by the court, Settlement Administrator, Class Counsel, and defendants’ counsel by November 20, 2026.
• The final approval hearing is scheduled for December 3, 2026, at 9:00 a.m., in Seminole County. You may attend, but you do not have to attend for a timely written objection to be considered.