http://directorygain.info/index.php?s=D&c=489
One of the nation’s largestr homebuilders, Lennar (NYSE: LEN) said the homesx were built primarily in 2006 and 2007 and make up a smallkpercentage – 2.1 percent in the state and 0.5 of percent nationwidwe – of the total homes delivered. The company said it has put asidnearly $40 million in warranty reserves to pay for the and that, as of May 31, thoser reserves, net of payments, was $34.4 The company said it has $20.7 milliomn receivable to pay for damage s under its insurance coverage and it is seeking reimbursement from insurers and others for cost it expects to incue to investigate and repaif any damage, according to the filing.
In as of July 10, the company said it was awaree of 41 Florida state court lawsuits and two federap class actions that had been filed against it by thosed impacted by the defective The federal cases have been consolidated toa multi-district court in Lennar said it has filed suit in Miami-Dadew Circuit Court against the entire supply chain, including the Chinesd and German manufacturers of the defective It also has moved to stop all 41 stats court actions, allowing builders to make the Shares were down 23 cents to $8.09 in morningy trading. The 52-week high was $16.90 on Sept. 19. The 52-week low was $3.421 on Nov. 21.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment