America's largest owner of single-family rental homes agrees to pay $48m to settle claims it saddled tenants with hidden fees [Fortune]
Invitation Homes Inc. (INVH)
Last invitation homes inc. earnings: 2/18 04:15 pm
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US:NYSE Investor Relations:
invitationhomes.com/about-us
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Source: Fortune
reaped millions of dollars via deceptive business practices, including forcing tenants to pay undisclosed fees on top of their monthly rent. Under the terms of the proposed settlement, Invitation Homes also agreed to ensure it is clearly disclosing its leasing prices, establish procedures to handle tenant security-deposit refunds fairly and cease other unlawful practices, the FTC said Tuesday. In the complaint, filed in federal court in Atlanta, the FTC claims that the Dallas-based company used “deceptive advertising and unfair practices” to charge millions of dollars in bogus fees that harmed tens of thousands of people. These mandatory fees, charged for internet packages, air-filter delivery and other services, were not disclosed in the monthly rental rates that Invitation Homes advertised, the FTC claims. All told, the company charged consumers tens of millions of dollars in junk fees as part of their monthly rental payments between 2021 and June 2023, the FTC alleges. Th
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News
- America's Largest Landlord Of Single-Family Homes Invitation Homes Faces FTC Fines For Alleged Unfair, Deceptive Practices [Yahoo! Finance]Yahoo! Finance
- Rental giant Invitation Homes must pay $48M to settle FTC complaint [Yahoo! Finance]Yahoo! Finance
- America's Largest Landlord Of Single-Family Homes Invitation Homes Faces FTC Fines For Alleged Unfair, Deceptive Practices [Yahoo! Finance]Yahoo! Finance
- NTSB engineer to testify before Coast Guard in Titan submersible disaster hearing [Yahoo! Finance Canada]Yahoo! Finance Canada
- Why Invitation Homes Stock Sagged by Nearly 3% Today [Yahoo! Finance]Yahoo! Finance
INVH
Earnings
- 7/24/24 - Miss
INVH
Sec Filings
- 9/26/24 - Form 8-K
- 9/24/24 - Form 424B5
- 9/24/24 - Form 8-K
- INVH's page on the SEC website