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Arrived Homes Lawsuit? No Court Case Found, but Washington Fined 8 Arrived Entities $40,000 in 2025

By Jorge··11 min read

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When Arrived files: what changed, the one number that matters, and the accession number to check it yourself.

Quick Answer

As of November 11, 2026: we found no lawsuit against Arrived Homes, Arrived Holdings or any Arrived fund in the records we could read, but we did find one regulator action. On May 28, 2025 the Washington State Department of Financial Institutions, Securities Division, entered Consent Order S-24-3840-24-CO01 against eight Arrived entities. It finds they offered Regulation A securities in Washington without the required state notice filing, orders them to cease and desist, and fines them $40,000 plus $343.75 in investigative costs. The respondents neither admitted nor denied the findings. It is a paperwork finding, not a fraud finding. A Justia Dockets party search of all federal district and appellate courts for “Arrived Homes”, “Arrived Holdings” and “Arrived SFR” returned no cases on November 11, 2026; state courts and private arbitration (which the funds’ subscription terms require) were not searched, so “found no lawsuit” is what those searches showed, not proof that none exists.

Key Takeaways

  • The real record is a state order, not a lawsuit. Washington DFI Order No. S-24-3840-24-CO01 was signed by the respondents on May 1, 2025 and entered on May 28, 2025. The fine is $40,000, joint and several, plus $343.75 in investigative costs.
  • Eight respondents: Arrived Holdings, Inc., Arrived Homes, LLC, Arrived Homes 3, LLC, Arrived Homes 4, LLC, Arrived STR, LLC, Arrived STR 2, LLC, Arrived Debt Fund, LLC and Arrived SFR Genesis Fund, LLC. Arrived Homes 5 and Arrived Seattle Fund are not named.
  • What the order finds: the offerings are exempt from SEC registration under Regulation A Tier 2, but Washington requires a notice filing and fee. Arrived Homes, LLC had one from June 28, 2021 that expired on June 28, 2023; the other six issuers had none on file. The order cites RCW 21.20.140.
  • Arrived's own FY2025 Form 1-K for Arrived Homes, LLC (filed April 30, 2026) says no material legal proceedings involve the company, any series, the manager or any director or executive officer. None of the six Arrived filings we saved mentions the Washington order (our search).
  • Arrived's offering documents say buyers are bound by arbitration provisions that limit class actions, including securities-law claims. That makes a public class action harder to bring, so a missing docket proves less than it would for another issuer.
  • Web pages claiming a 2026 federal class action against Arrived name no court and no case number. We could not confirm any of them.

CSV · 60 rows

Arrived Homes: Washington consent order S-24-3840-24-CO01, the eight respondents, and our November 11, 2026 record search

60 rows from the Washington order, Arrived's 2026 filings and our search log.

What we searched, and what came back

A page that says “no lawsuit” is only worth reading if it says where it looked. This is the log for November 11, 2026.

WhereResultWhat it means
Washington DFI securities ordersOne order found: S-24-3840-24-CO01, entered May 28, 2025A state regulator action against eight Arrived entities. We read the full order.
Arrived Homes, LLC Form 1-K, FY2025 (filed April 30, 2026)Legal Proceedings: none materialThe company's own statement, covering the company, series, manager, directors and executive officers.
Arrived SFR Genesis Fund Form 1-K (April 29, 2026), Arrived Debt Fund Form 1-K (April 30, 2026), Arrived Homes Form 1-SA (September 28, 2026)No legal proceedings section and no mention of the Washington orderThese documents are silent; silence is not a finding.
Arrived SFR Genesis and Arrived Debt Fund Form 1-A POS (June 2026)Risk factors on arbitration, class-action limits and landlord litigationDescribes how disputes would be handled, not a pending case.
SEC enforcement and litigation releases (web search)No action against Arrived foundA web search, not a database query; we did not use the SEC's own enforcement search.
Justia Dockets, party search, all federal district and appellate courts“Arrived Homes”, “Arrived Holdings”, “Arrived SFR”: “No cases found” (November 11, 2026)State courts (including King County) and private arbitration were not searched. CourtListener blocked automated access.
Web search for “Arrived Homes lawsuit” and “class action”No docket; some explainer pages assert a 2026 class action without a court or case numberUnconfirmed. One such page itself says it found no court docket.

The Washington order

The order is a settlement. The respondents “neither admit nor deny the Findings of Fact and Conclusions of Law,” waived a hearing and judicial review, and agreed to cease and desist from violating RCW 21.20.140, the section of the Securities Act of Washington on securities registration. The order says willful violation of it is a criminal offense; no violation after May 28, 2025 is alleged anywhere we looked.

Arrived's offerings are not registered with the SEC; they use Regulation A Tier 2. The order explains that such offerings are still subject to a state notice filing: an initial filing at least 21 calendar days before the first sale in Washington, a fee, and a renewal for each further twelve months (RCW 21.20.327, WAC 460-18A-200). Arrived is based in Seattle.

RespondentFormedSEC first qualifiedProposed maximum offeringWashington notice filing per the order
Arrived Homes, LLCJuly 13, 2020February 17, 2021$66,942,223 (amendment filed February 16, 2024)Effective June 28, 2021, renewed June 28, 2022, expired June 28, 2023; none since
Arrived Homes 3, LLCJanuary 4, 2023February 21, 2023$31,204,980 (qualified December 13, 2024)None
Arrived Homes 4, LLCJuly 28, 2023May 1, 2024$10,873,520 (qualified November 13, 2024)None
Arrived STR, LLCJuly 11, 2022August 30, 2022$26,103,660 (qualified August 10, 2023)None
Arrived STR 2, LLCJanuary 12, 2023March 27, 2023$3,727,820 (qualified October 24, 2024)None
Arrived Debt Fund, LLCDecember 21, 2023May 15, 2024$75,000,000 of common sharesNone
Arrived SFR Genesis Fund, LLCMay 1, 2023September 22, 2023$75,000,000 of common sharesNone

Arrived Holdings, Inc., the sponsor, is the eighth respondent (Delaware, incorporated February 21, 2019). The first five maximums add to $138,852,203 (our arithmetic). These are proposed ceilings in offering circulars, not money raised, and the order makes no finding about how much was sold in Washington.

What the order does not say

  • It does not allege fraud, misstatements to investors, or investor losses. The finding is that offerings were sold with no filing and fee on file.
  • It does not order refunds or rescission. The sanctions are the cease-and-desist, the $40,000 fine and $343.75 in costs.
  • It does not say the offerings stopped. The order does not tell us whether, or when, Arrived later filed notices in Washington, and we did not find a later filing in the sources we read.
  • It covers Washington only. We did not search other states' securities regulators.

Why a missing docket proves less here

The Arrived Debt Fund and Arrived SFR Genesis offering circulars (Form 1-A POS, June 2026) say that by buying shares you “are bound by the arbitration provisions contained in our subscription agreement and our operating agreement which limit your ability to bring class action lawsuits or seek remedy on a class basis, including with respect to securities law claims.” The Genesis circular adds that any arbitration must be conducted in Delaware. A dispute under such a clause would run in arbitration, which does not produce a public docket. We did not read the subscription agreements of the single-house series, so we do not say the same clause applies to every Arrived product.

The same circulars list the lawsuits Arrived does expect: “eviction proceedings and other landlord-tenant disputes.” A tenant eviction filed by a series LLC is routine and is not “the Arrived lawsuit” people search for, but it would show up in a name search of county court records.

Where this record conflicts with other pages

Some review sites date the Washington order to 2024 and list six entities. The order's own file number carries “24,” but the order was signed May 1, 2025, entered May 28, 2025, and names eight respondents. Our existing Arrived Homes review does not mention the order; the sourcing of its figures is unaffected. For NAV and dividend data see the Arrived Homes NAV and dividend dataset; for the debt fund, the Arrived Private Credit Fund review; for a comparison with another fractional-rental platform, Arrived Homes vs Ark7.

What a reader can do with this

  1. If you hold Arrived interests, read the Legal Proceedings section of the latest Form 1-K for your issuer. Arrived Homes, LLC's is dated April 30, 2026; the next annual report is due in spring 2027.
  2. Ask Arrived in writing whether its offerings are now notice-filed in your state, and keep the reply. It is a fair question given Washington's finding.
  3. Check your own subscription agreement for the arbitration clause before assuming a class action is available.
  4. Search your county's court records for the series LLC that owns your house if you want to see landlord-tenant filings.
  5. If a website tells you there is a class action, ask for the court and case number. Federal cases have both.

This is analysis of public documents, not investment, legal or tax advice.

FAQ

Sources, all read on November 11, 2026: Washington State Department of Financial Institutions, Securities Division, Consent Order No. S-24-3840-24-CO01 (entered May 28, 2025), dfi.wa.gov; Arrived Homes, LLC Form 1-K for fiscal 2025 (accession 0001213900-26-050390, filed April 30, 2026); Arrived SFR Genesis Fund, LLC Form 1-K (0001213900-26-049375) and Form 1-A POS (0001982615-26-000016); Arrived Debt Fund, LLC Form 1-K (0001213900-26-050037) and Form 1-A POS (0002007995-26-000015); Arrived Homes, LLC Form 1-SA (0001213900-26-104127). Court-docket searches were not possible; see the table above.

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