LOS ANGELES–(BUSINESS WIRE)–$BZH #BZH—The
Schall Law Firm, a national shareholder rights litigation firm,
announces the filing of a class action lawsuit against Beazer Homes USA,
Inc. (“Beazer” or “the Company”) (NYSE: BZH)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
Investors who purchased the Company’s shares between August 1, 2014 and
May 2, 2019, inclusive (the ”Class Period”), are encouraged to contact
the firm before August 5, 2019.
If you are a shareholder who suffered a loss, click
here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm,
1880 Century Park East, Suite 404, Los Angeles, CA 90067, at
424-303-1964, to discuss your rights free of charge. You can also reach
us through the firm’s website at www.schallfirm.com,
or by email at [email protected].
The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading
statements to the market. Beazer’s assets classified as land held for
future development in California were deteriorating in value and in some
cases overvalued. The improper valuation created a risk of considerable
impairment that would damage the Company’s profitability. Based on these
facts, the Company’s public statements were false and materially
misleading throughout the class period. When the market learned the
truth about Beazer, investors suffered damages.
the case to recover your losses.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and rules of ethics.