U.S. FTC Says It Takes Action Against Invitation Homes For Deceiving Renters, Charging Junk Fees, Withholding Security Deposits, And Employing Unfair Eviction Practices
Portfolio Pulse from Benzinga Newsdesk
The U.S. Federal Trade Commission (FTC) has taken action against Invitation Homes for allegedly deceiving renters, charging unnecessary fees, withholding security deposits, and using unfair eviction practices.
September 24, 2024 | 3:38 pm
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Invitation Homes is facing legal action from the FTC for allegedly deceiving renters, charging junk fees, withholding security deposits, and employing unfair eviction practices.
The FTC's action against Invitation Homes could lead to legal and regulatory challenges, potentially affecting its reputation and financial performance. This negative news is likely to impact the stock price adversely in the short term.
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