Extra Space Storage sued by NYC agency over pricing, other 'predatory' practices

Reuters
19 hours ago
<a href="https://laohu8.com/S/EXR">Extra Space Storage</a> sued by NYC agency over pricing, other 'predatory' practices

NEW YORK, Feb 10 (Reuters) - New York City's consumer protection agency has sued Extra Space Storage EXR.N, accusing the self-storage company of employing bait-and-switch pricing and other "predatory" practices, and allowing storage units to suffer from vermin infestation, water damage and mold.

The complaint filed by the New York City Department of Consumer and Worker Protection seeks full restitution for consumers and more than $5 million in penalties, the agency said on Tuesday.

(Reporting by Jonathan Stempel in New York)

(((( jon.stempel@thomsonreuters.com ; +1 646 223 6317; Reuters Messaging: jon.stempel.thomsonreuters.com@reuters.net /))))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10