PHILADELPHIA, PA / ACCESSWIRE / October 15, 2024 / Kehoe Law Firm, P.C. is investigating whether certain officers or directors of Invitation Homes Inc. (NYSE:INVH) failed to manage Invitation Homes in an acceptable manner, in breach of their fiduciary duties to Invitation Homes and its shareholders, and whether investors of Invitation Homes stock suffered harm.
INVESTORS OF INVITATION HOMES CAN CLICK HERE OR EMAIL INFO@KEHOELAWFIRM.COM TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
On September 24, 2024, the Federal Trade Commission ("FTC") announced that it ". . . is taking action against Invitation Homes, the country's largest landlord of single-family homes, for an array of unlawful actions against consumers, including deceiving renters about lease costs, charging undisclosed junk fees, failing to inspect homes before residents moved in, and unfairly withholding tenants' security deposits when they moved out."
According to the FTC, "Invitation Homes has agreed to a proposed settlement order that would require the company to turn over $48 million to be used to refund consumers harmed by its actions. The corporate landlord will also be required to clearly disclose its leasing prices, establish policies and procedures to handle security deposit refunds fairly, and stop other unlawful behavior."
SHAREHOLDERS OF INVITATION HOMES SECURITIES ALSO CAN CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO LEARN MORE ABOUT THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
Kehoe Law Firm, P.C. is a multidisciplinary, plaintiff-side class action law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.
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SOURCE: Kehoe Law Firm P.C
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