Equity Residential reached a $22.7 million class action settlement with California tenants who were charged a 5% late fee — with a $50 minimum — at Equity Residential properties between September 3, 2010 and October 28, 2022, or who had non-Equity leases at Woodland Park in East Palo Alto charged $50 late fees from December 2011 to February 2016. Class members who paid late fees may receive 87% of the difference between fees paid and actual collection costs. No proof is required — check the official claim form to determine whether you may be eligible.