Notice of the Crestmont  Class Action

Plaintiffs and Class Representatives (“Plaintiffs”) and Village Crestmont Houston USA LLC, Denise Vaknin, and Abraham  Vaknin, (“the Vaknins” or “Defendants”) have reached a Settlement in a class action lawsuit (the “Action”) entitled Johnson, et al. v. The Real Property Known as 5638 Selinsky, et al., Case No. 2017-10307, (the “Settlement”).

The lawsuit focuses on alleged injuries and damages residents of the Crestmont Apartments suffered while living on the premises. The lawsuit alleges that the Defendants: (i) breached their contracts with tenants, (ii) defrauded tenants, (iii) breached the warranty of habitability, (iv) breached the warranty of implied quiet enjoyment, (v) were negligent and negligent per se, (vi) violated the Deceptive Trade Practices Act, (vii) unlawfully interrupted utilities, (viii) constructively evicted tenants, (ix) failed to remedy or repair the premises, and (x) negligently misrepresented tenants.

Defendants deny these allegations, deny any liability whatsoever, and believe that no member of the Settlement Class, including the Plaintiffs, have sustained any damages or injuries due to these allegations.

The Court has not decided who is right or wrong. Instead, both sides have agreed to a Settlement to resolve the dispute without further litigation risk and expense.

Defendants have agreed to pay each class member up to $1,000.00 for property damage suffered while residing at Crestmont Apartments.