Core Insights - The Department of Justice filed a lawsuit against RealPage and six major apartment landlords for allegedly participating in algorithmic pricing schemes that harmed renters [3] - RealPage attributes rent price increases to the COVID-19 pandemic and has modified its revenue management software in response to legislative activity [4] - RealPage reached a settlement with the State of Nevada regarding its rent-setting software, agreeing to maintain an antitrust compliance program and contribute $200,000 for rent relief [5][6] Company Actions - RealPage denies any wrongdoing but opted to settle to avoid litigation costs and distractions [6] - The settlement allows RealPage to use nonpublic data from unaffiliated properties for rent recommendations in Nevada only if the data is aged at least three months, anonymized, and aggregated to at least 10 properties [7] - RealPage's revenue management software may utilize machine learning models trained with nonpublic data from properties in Nevada under specific conditions [7]