LOS ANGELES–(BUSINESS WIRE)–$BZH #CLASSACTION–Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf
of Beazer Homes USA, Inc. (“Beazer Homes” or the “Company”) (NYSE: BZH)
investors concerning the Company and its officers’ possible violations
of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
If you wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire, at
310-201-9150, Toll-Free at 888-773-9224, or by email to [email protected],
or visit our website at www.glancylaw.com.
On May 2, 2019, the Company issued a press release regarding its
financial and operating results for the second quarter of 2019,
reporting a net loss from continuing operations of $100.8 million for
the quarter reflective of a $147.6 million impairment on certain
California assets acquired by the Company before 2007. The assets in
question were currently and previously reported by the Company as land
held for future development.
On this news, the Company’s share price fell $1.73, or nearly 12%, to
close at $12.51 on May 3, 2019, thereby injuring investors.
If you purchased Beazer Homes securities, have information, or would
like to learn more about these claims, or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East,
Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at
888-773-9224, or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number, and the number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
Glancy Prongay and Murray LLP, Los Angeles
Lesley Portnoy,
310-201-9150 or 888-773-9224
www.glancylaw.com
[email protected]
