Invitation Homes Inc
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Blend
Company profile

Invitation Homes Inc. is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States. With approximately 80,000 homes for lease in 16 markets across the United States, the Company has built a vertically integrated operating platform that enables to acquire, renovate, lease, maintain, and manage its homes. The Company's segment relates to acquiring, renovating, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments. The Company's home averages approximately 1,850 square feet with three bedrooms and two bathrooms. The Company's business activities encompasses property operations, marketing, leasing, digital marketing, resident relations, property maintenance, investment and asset management functions.

Postmarket

Last Trade
Delayed
$27.57
0.31 (1.14%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$27.26
Day's Change
-0.14 (-0.51%)
Bid
--
Ask
--
B/A Size
--
Day's High
27.41
Day's Low
26.87
Volume
(Average)
Volume:
2,874,474

10-day average volume:
2,810,147
2,874,474

CLASS ACTION UPDATE for STAA, POR and CLNC: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

11:11 am ET September 25, 2020 (Accesswire) Print

NEW YORK, NY / ACCESSWIRE / September 25, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

STAA Shareholders Click Here: https://www.zlk.com/pslra-1/staar-surgical-company-information-request-form?prid=9610&wire=1POR Shareholders Click Here: https://www.zlk.com/pslra-1/portland-general-electric-company-information-request-form?prid=9610&wire=1CLNC Shareholders Click Here: https://www.zlk.com/pslra-1/colony-credit-real-estate-inc-information-request-form?prid=9610&wire=1

* ADDITIONAL INFORMATION BELOW *

Staar Surgical Company (NASDAQ:STAA)

STAA Lawsuit on behalf of: investors who purchased February 26, 2020 - August 10, 2020Lead Plaintiff Deadline : October 19, 2020TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/staar-surgical-company-information-request-form?prid=9610&wire=1

According to the filed complaint, during the class period, Staar Surgical Company made materially false and/or misleading statements and/or failed to disclose that: the Company was overstating and/or mischaracterizing: (1) its sales and growth in China; (2) its marketing spend; (3) its research and development expenses; and that as a result of the foregoing, (4) Defendants' public statements were materially false and misleading at all relevant times.

Portland General Electric Company (NYSE:POR)

POR Lawsuit on behalf of: investors who purchased April 24, 2020 - August 24, 2020Lead Plaintiff Deadline : November 2, 2020TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/portland-general-electric-company-information-request-form?prid=9610&wire=1

According to the filed complaint, during the class period, Portland General Electric Company made materially false and/or misleading statements and/or failed to disclose that: (1) PGE lacked effective internal controls over its energy trading practices; (2) PGE personnel had entered energy trades during 2020, with increasing volume accumulating late in the second quarter and into the third quarter, that created significant negative financial exposure for PGE; (3)as a result, the Company was reasonably likely to incur significant losses; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Colony Credit Real Estate, Inc. (NYSE:CLNC)

This lawsuit is on behalf of persons and/or entities who purchased or otherwise acquired the common stock of Colony Credit pursuant and/or traceable to the Company's false and/or misleading Registration Statement and Prospectus issued in connection with the combination of Colony NorthStar, Inc., NorthStar Real Estate Income Trust, Inc., and NorthStar Real Estate Income II, Inc. on or about February 1, 2018 (the "Merger").Lead Plaintiff Deadline : November 9, 2020TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/colony-credit-real-estate-inc-information-request-form?prid=9610&wire=1

According to the filed complaint, (i) the credit quality of certain of the Company's assets had deteriorated prior to the Merger, and were continuing to deteriorate at the time of the Merger; (ii) certain of the Company's loans, including four loans of approximately $261 million related to a New York hotel, were substantially impaired, there was insufficient collateral to secure the loans, and it was unlikely that the loans would be repaid; (iii) as a result, the valuation attributed to certain of the Company's assets was overstated; (iv) that certain of the assets contributed as part of the Merger were of substantially lower value than reflected in the Company's financial statements and the Registration Statement; (v) as a result, the Company's financial condition, including its book value, was materially overstated; and (vi) as a result of the foregoing, the positive statements in the Registration Statement about the Company's business, operations, and prospect were materially misleading and/or lacked a reasonable basis.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:Levi & Korsinsky, LLPJoseph E. Levi, Esq.55 Broadway, 10th FloorNew York, NY 10006jlevi@levikorsinsky.comTel: (212) 363-7500Fax: (212) 363-7171www.zlk.com

SOURCE: Levi & Korsinsky, LLP

View source version on accesswire.com: https://www.accesswire.com/607818/CLASS-ACTION-UPDATE-for-STAA-POR-and-CLNC-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders

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