NEW YORK, NY / ACCESSWIRE / January 29, 2018 / Pomerantz LLP is investigating claims on behalf of investors of Invitation Homes Inc. ("Invitation Homes" or the "Company") (NYSE: INVH). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 9980.
The investigation concerns whether Invitation Homes and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On September 19, 2017, post-market, Invitation Homes disclosed receipt of a letter from the staff of the U.S. Securities and Exchange Commission, "stating that it is conducting an investigation captioned 'In the Matter of Certain Single Family Rental Securitizations.' The letter enclosed a subpoena that requests the production of certain documents and communications related to [Invitation Homes'] (and its predecessor's) Securitizations, including, without limitation, those related to [broker price opinions] provided on properties included in the Securitizations."
Following this disclosure, Invitation Homes' share price fell $0.53, or 2.3%, to close at $22.47 on September 20, 2017.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
SOURCE: Pomerantz LLP