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LEGAL NEWSLINE

Friday, September 20, 2024

Attorney General secures $25k settlement with North Carolina landlord

State AG
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Attorney General Josh Stein | Official website

Attorney General Josh Stein announced today that he has secured a $25,040 consent judgment against Lisa Eustathiou and her company, Apollon LLC, for violations of state consumer protection and debt laws. The defendants are required to repay $25,040 in security deposits and establish a 90-day lookback period to review refund requests from individuals who did not file complaints with the office but may be entitled to a refund.

“I’m pleased that we were able to win back money for these students and their families,” said Attorney General Josh Stein. “This is what it means to fight for North Carolina’s consumers – to win back money they’ve unfairly lost and ensure that these practices don’t harm others.”

The investigation into Eustathiou and Apollon was initiated by Attorney General Stein in November 2023 following seven complaints received by the Consumer Protection Division from college students and their families. They alleged that the landlord improperly assessed fines and wrongfully withheld security deposits. The landlord's residential rental business primarily catered to college students in the Greensboro and Raleigh areas.

Complainants further alleged that at the end of lease terms, without prior notice, the landlord improperly assessed months of fines, including interest, and unjustifiably withheld security deposits.

The judgment includes specific injunctive provisions regarding the defendants’ future business practices. Those who rented property from these defendants and believe they are entitled to a refund can complete an online form at www.ncdoj.gov/apollonclaim. Documentation supporting refund requests will be required.

A copy of the consent judgment is available for public viewing.

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