PACE L.A. Settlement
Four levels of benefits available; see FAQ 7 for details
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
Los Angeles County, Renew Financial, and Renovate America allegedly engaged in financial elder abuse and unlawful practices through the PACE (Property Assessed Clean Energy) program. Homeowners claim they entered into unlawful assessment contracts that were recorded as liens against their property, resulting in damages. In 2022, the parties agreed to settle to avoid further litigation costs and risk.
Do you qualify?
Anyone 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 was recorded as a lien against their real property. Heirs of deceased homeowners who meet this definition may also qualify.
How to file
The deadline to submit claims was June 13, 2024, and has passed. Payments cannot currently be made due to a pending request to set aside the settlement approval. For more information, contact the Settlement Administrator at 1-888-825-1218 or info@PACELASettlement.com.
Common questions
- How much does the PACE L.A. Settlement pay?
- Estimated payout: Four levels of benefits available; see FAQ 7 for details. The total settlement fund is $12M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- What is the claim deadline for the PACE L.A. Settlement?
- This settlement is closed to new claims — the deadline was June 13, 2024. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Is the PACE L.A. Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at pacelasettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the PACE L.A. Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for September 24, 2024; no payments can be issued before a settlement receives final approval.
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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