Elme Communities (ELME) has disclosed a new risk, in the Litigation & Legal Liabilities category.
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Elme Communities faces significant litigation risks, as it is involved in various legal proceedings that could potentially impact its financial stability. These legal challenges span across numerous areas such as consumer rights, securities, employment, and environmental issues, among others. The complexities and costs associated with these litigations, alongside the potential for unfavorable outcomes, pose a threat to the company’s management focus and financial health. Additionally, the ongoing lawsuit involving vendor RealPage raises concerns about industry-wide practices that could further influence Elme Communities’ operational strategies.
The average ELME stock price target is $17.50, implying 1.57% upside potential.
To learn more about Elme Communities’ risk factors, click here.