MADISON — On
Tuesday, Wisconsin Attorney General Brad Schimel, on behalf of the
Department of Financial Institutions and the Department of
Agriculture, Trade and Consumer Protection, obtained a temporary
injunction against Vision Property Management, a South
Carolina-based property management company and its many affiliates.
In June, the
state filed a lawsuit against VPM, alleging that the company used
misleading and deceiving business practices to induce Wisconsin
consumers to lease, rent, or purchase uninhabitable properties in
violation of Wisconsin landlord-tenant and mortgage banking laws.
will provide relief to consumers impacted by this company’s
deceptive business model,” said Schimel. “Companies that deceive
Wisconsin consumers are not welcome in our state and we will
continue to pursue the lawsuit against VPM.”
obtained a court order requiring that, for the duration of this
litigation, VPM, which has nearly 200 properties in Wisconsin, cease
from entering into new Wisconsin eases, cease threatening to evict
or evicting Wisconsin tenants, permit Wisconsin tenants to terminate
their leases with VPM without penalty, and allow current Wisconsin
tenants to seek pecuniary losses that resulted from VPM’s prohibited
acts and practices.