Texas Attorney General Ken Paxton sued the Houston-area developers of Colony Ridge on Thursday, accusing them of deceptive sales, marketing and lending practices that allowed their sprawling housing development to flourish.
Residents of Colony Ridge filed dozens of complaints for years about the development to state agencies, but Texas had little to show for addressing those concerns, according to a Texas Tribune and Houston Landing investigation. Paxton announced his office’s investigation last fall, after right-wing media conflated the development’s growth with high levels of illegal immigration at the Texas border.
That employee recounted witnessing another colleague get fired for not hitting the quota, according to the lawsuit.Throughout the lawsuit, former Colony Ridge employees who spoke to state investigators are referred to by pseudonyms to "prevent harassment and/or retaliation."The lawsuit argues the developers told sales people to use misleading marketing tactics, such as misrepresenting themselves to potential buyers and falsely claiming the properties were home-ready.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Texas AG Ken Paxton sues Colony Ridge developers, alleging fraudAttorney General Ken Paxton accused the Houston-area developers of deceptive trade practices and fraud in a new lawsuit.
Read more »
Colony Ridge violated deceptive trade practices, Texas saysResidents of the Houston-area development, who were maligned by Republicans last year, have complained about the developer for years.
Read more »
Texas sues Colony Ridge development for fraudulent real estate practicesResidents of the Houston-area development, who were maligned by Republicans last year, have complained about the developer for years.
Read more »
Texas Attorney General sues State Fair of Texas and 4 venuesThe lawsuits are filed against the State Fair of Texas, Meow Wolf in Grapevine, The Lucky Duck in San Antonio, the Factory in Deep Ellum and Texas Trust CU...
Read more »
Texas Attorney General files lawsuits against businesses denying armed police entrySAN ANTONIO - Texas Attorney General Paxton filed five lawsuits against five businesses his office claims disregarded state law and refused to allow police offi
Read more »
How several district attorney races played out across TexasIncumbent DAs had mixed results in Travis and Harris counties, while Democratic challengers in El Paso are headed to a runoff.
Read more »