PulteGroup (PHM) -4.4% premarket on reports of increased pressure from the Labor Department amid...

|By:, SA News Editor

PulteGroup (PHM) -4.4% premarket on reports of increased pressure from the Labor Department amid an investigation into housing industry pay practices. At issue is whether subcontractors hired by the big home builders are paid proper minimum wages, overtime and other benefits as required by U.S. labor law. LEN, KBH, DHI and NVR also are being investigated.