PACE L.A. Settlement
Four levels of benefits available to class members who submit claims; see FAQ 7 for details. Up to $2 million will be used for attorneys' fees and settlement administration costs.
This settlement is closed to new claims — the deadline was June 13, 2024. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Renew Financial, Renovate America, and Los Angeles County allegedly engaged in financial elder abuse, entered into unlawful Property Assessed Clean Energy (PACE) contracts, and breached PACE contracts with homeowners. Homeowners sought cancellation of PACE assessment taxes and damages from their PACE assessments. The defendants have agreed to settle for $12 million without admitting wrongdoing.
Do you qualify?
All homeowners who entered into a Renew Financial Assessment Contract or Renovate America Assessment Contract with Los Angeles County between March 1, 2015 and March 31, 2018, where that assessment contract has been recorded as a lien against the homeowner's real property.
How to file
The deadline to submit a claim was June 13, 2024, and has passed. Claims can no longer be filed. Class members who did not submit a claim by the deadline will not receive any money but remain bound by the settlement.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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