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Dec. 3, 2013, 4:44 PM
- "While collecting the award is doubtful, the true value of the verdict is the validation of our integrity, credibility and transparency, which have always been cornerstones of our foundation," says Lennar's (LEN, LEN.B) CEO, Stuart Miller.
- Lennar had sued California developer Nicolas Marsch and his company Briarwood for conspiring with Barry Minkow to extort money from the homebuilder. A convicted felon, Minkow returned to prison in 2011 over his role in the scheme.
- Press release
Oct. 3, 2013, 11:50 PM| Comment!
Oct. 2, 2012, 6:14 AM
Jul. 13, 2012, 4:04 PMMKM Partners makes a bullish call on homebuilders, upgrading KB Home (KBH +1.8%) and D.R. Horton (DHI +1.7%) along the way. The firm expects new home sales growth to accelerate heading into fall, which in turn will lift valuations. Positive comments made by KB following its FQ2 report, together with equity offerings from Meritage (MTH) and Beazer (BZH), are seen as reasons for optimism. (Hovnanian) | 3 Comments
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Lennar Corp is a homebuilder and a provider of financial services. Its homebuilding operations include the construction and sale of single-family attached and detached homes, and to a lesser extent multi-level residential buildings.
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