UNDER INVESTIGATION: Equity Residential
The Leonard Law Office, P.C. is currently investigating Equity Residential’s business practices. Former or current residents and employees are welcome to contact us with information. We have filed three class action lawsuits against Equity Residential for allegedly violating the Massachusetts security deposit statute and other laws.
Equity Residential Watch has alleged that Equity Residential is guilty of “tenant abuse,” and “has a troubling history of flouting the law and violating tenants rights nationwide.” Read that discussion here.
- “This is the rudest, greediest, most vile organization I have ever dealt with in my life.” – C.L, Florida
- “[My mother was] bullied into a lease after Equity threatened her with an absurdly high month-to-month rate — which they ended up automatically deducting from her checking account.” – Henry D., California
- “I would have moved, but medical problems prevented it. Equity realized that I couldn’t move out, and thus took the opportunity to raise my rent from 18% – 30%. They outrightly lied to me about the possibility of moving to an “affordable unit” in the complex, forcing me to accept their usurious increases.” – J., Massachusetts
Sam Zell – Billionaire investor, Equity Residential Chairman Sam Zell clearly believes home ownership is not for everyone. He famously remarked during the subprime mortgage crisis, “We need to clean out all those people who never should have bought in the first place and not give them sympathy.”