The nation’s largest owner of single-family homes for rent has agreed to pay $48 million to settle claims by the Federal Trade Commission that it reaped millions of dollars via deceptive business practices, including forcing tenants to pay undisclosed fees on top of their monthly rent.
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. The funds from the settlement, which is subject to approval by a federal judge, would go toward customer refunds.As of June 30, the company owned or managed more than 109,000 homes across the U.S.OTTAWA — The federal Liberals are creating a new agency to beef up Canada's ability to handle rapidly spreading infectious diseases and protect from future pandemics.