LivCor and other landlords were being sued by North Carolina and eight other states for illegally working together and using AI software to raise rents.
"What we've done is turn off this illegal method of raising rents that all of these landlords were using," Jackson said. "This most recent settlement is going to make sure it can't be used for thousands of apartments across the state."
According to the attorney general, LivCor controls approximately 3,500 apartments across North Carolina.
The settlement amount was $7 million, Jackson's office said.
As part of the deal, LivCor will stop using non-public data from other landlords, either through RealPage's software or by other means, to set rents.
"One by one, we're shutting down the illegal scheme that allowed landlords to use illegal AI software to drive up rents for North Carolinians," Jackson said. "This case is about leveling the playing field so that consumers pay affordable rents."
The case against RealPage and the remaining three landlords that haven't settled continues.
Jackson said settlements have already been reached with Greystar and Cortland, the largest and second-largest landlords in the state.
Attorneys general of California, Colorado, Connecticut, Illinois, Massachusetts, Minnesota, Oregon, and Tennessee are also involved in the legal action.
As part of the settlement, LivCor admits no wrongdoing. ABC11 has reached out to the company for comment but has not heard back.
You can read the settlement here.
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