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Stock impact report

Marina del Rey apartment tenants say landlord and security company could have prevented shooting incident [Los Angeles Times (CA)]

Equity Residential Common Shares of Beneficial Interest (EQR) 
Last equity residential common shares of beneficial interest earnings: 1/28 04:16 pm Check Earnings Report
US:NYSE Investor Relations: investors.equityapartments.com
for negligence, breach of contract and emotional distress over the incident they claim was preventable. The shooting capped months of bizarre and sometimes violent behavior by the tenant that was reported to management and security as recently as four days before the April 13 attack, according to the lawsuit. No person was killed or injured in the shooting. About 50 tenants accused Equity Residential, a real estate investment trust that owns and manages apartments nationwide, and its private security contractor, Protection America, of breaching their duty of care after they failed to terminate the tenant's lease and coordinate with law enforcement during the night of the attack. Representatives for Equity Residential and Protection America did not immediately respond to requests for comment. Los Angeles County prosecutors alleged that on April 13, Victoryloc Nguyen, 42 , armed himself with two AR-15 rifles and a pistol before firing indiscriminately from his own balcony and th Show less Read more
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