Progress Residential to Pay $49.8 Million to Settle Hidden-Fee Allegations
Progress Residential will pay $49.8 million to settle allegations from the FTC and four states that it deceived renters with hidden fees, an FTC official told Reuters.
By Jody GodoyProgress Residential, the biggest US manager of single family rental homes, will pay $49.8 million to settle allegations by the Federal Trade Commission and four states that it deceived renters with hidden fees, an FTC official told Reuters on Friday.The action builds on the FTC's work…