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Tenant Fee Settlement · Payments Completed

YES Energy Management Settlement Payment Update

Published November 7, 2024
Updated August 3, 2026

This Maryland tenant settlement resolved claims that YES Energy Management charged administration fees while acting without a required collection-agency license; approved claims moved to payment in 2025.

YES Energy Management tenant fee settlement payment update

Current Status

Claims are closed. The initial-list deadline was November 13, 2024, and the supplemental-list deadline was January 13, 2025. The court approved the settlement at the January 31, 2025 hearing, and payments to class members with valid, complete claims began mailing on February 28, 2025.
StatusPayments completed
Payments beganFebruary 28, 2025
Settlement fund$2.8 million
Class size estimateAbout 86,137 people

What the Lawsuit Alleged

The lawsuit alleged that YES Energy Management and its parent, Yardi Systems, acted as collection agencies in Maryland without a required license and charged administration fees in connection with that activity. YES and Yardi denied the claims and maintained that they acted lawfully.

Who Was Included

The class generally included Maryland residents who paid an “Administration Fee” on an invoice sent by YES Energy Management from October 4, 2018, through March 19, 2024. Employees, officers, and directors of the defendants and court personnel were excluded.

How Payments Were Calculated

Valid claimants received a pro rata share based on the administration fees charged to them compared with fees charged to all authorized claimants. When exact fee records were unavailable, the agreement used a presumed payment floor based on 12 months at $4 per month.

The payment pool was reduced by court-approved attorneys' fees, expenses, and administration costs. Filing a claim did not guarantee a particular dollar amount.

Why the Notice ID Mattered

The claim process required the Unique ID and PIN shown on a mailed or emailed notice. Those identifiers were used to access the claimant's pre-populated information and payment options. Claimants could also attest to additional fees, subject to administrator review.

What Former Claimants Should Know

The filing and scheduled distribution stages are over. Former claimants should retain their confirmation and payment record. Open Class Actions cannot retrieve a notice ID, change the administrator's decision, or replace a settlement payment.

Official Information

Review the final status and archived documents on the Sullivan v. YES Energy Management website.

Settlement Amount $2.8 million
Case Title Sullivan v. YES Energy Management, Inc., et al.
Case Number 8:22-cv-00418-TDC
Court U.S. District Court, District of Maryland
Final Approval January 31, 2025
Administrator Epiq
Official Website Sullivan Class Action
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