An investigation on behalf of current long-term investors in shares of Beazer Homes USA, Inc. (NYSE: BZH) concerning potential breaches of fiduciary duties by certain directors and officers of Beazer Homes USA, Inc. was announced.
Investors who are current long term investors in Beazer Homes USA, Inc. (NYSE: BZH) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: BZH stocks follows a lawsuit filed against Beazer Homes USA, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: BZH stocks, concerns whether certain Beazer Homes USA, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Beazer Homes’ California assets classified as land held for future development were deteriorating in value or improperly valuated, that the foregoing created a foreseeable risk of an eventual substantial impairment that would negatively impact the profitability of the Company, and that as a result, the Company’s public statements were materially false and misleading at all relevant times.
Those who purchased shares of Beazer Homes USA, Inc. (NYSE: BZH) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
