Concord Management

Alleged failure by Concord Management, Watervue Partners, and River Ridge Apartments to comply with Florida law regarding security deposit notices and fees.

Concord Management, Watervue Partners LLC, and River Ridge Apartments have agreed to a $1.85 million class action settlement to resolve allegations that they failed to send security deposit notices in the form required by Florida law, and violated other provisions of Florida's landlord-tenant and consumer collection laws. Residential tenants in Florida who had security deposits withheld or were charged certain fees between April 3, 2021, and April 3, 2025, may be eligible for a cash payment. In addition to cash payments, the settlement includes the discharge of over $15,985,000 in claimed unpaid lease balances and a permanent injunction against noncompliant practices and negative credit reporting. Class members do not need to file a claim form; checks will be mailed automatically. Those who have moved should update their address.

You may be eligible if you:

• Residential tenants of Concord Management, Watervue Partners, or River Ridge Apartments in Florida between April 3, 2021, and April 3, 2025.
• Tenants who had all or part of their security deposit withheld.
• Tenants who received a noncompliant security deposit disposition notice.
• Tenants who were charged a liquidated damages lease termination fee.

• Basic contact information
• Dates tied to your purchase or account activity
• Proof of purchase or supporting documents

If you do not have every document, you may still be able to file. Many settlements accept claims without receipts.

• No action is needed to receive compensation; checks will be mailed automatically.
• Update your mailing address on the settlement website if you have moved.
• Provide your notice ID and PIN if using the online address update form.
• Contact the settlement administrator by mail or email if you have questions or need to update your address.