(Reuters) - In a filing with the Securities and Exchange Commission,
Beazer, the seventh largest U.S. home builder, said that on July
20, 2007, it received a formal order of private investigation from
the SEC to determine whether any "person or entity related to
Beazer Homes has violated federal securities laws."
Earlier this year, Atlanta-based Beazer disclosed it was the
subject of several lawsuits as well an informal SEC investigation
and a U.S. Attorney's investigation into practices related to its
mortgage-origination business.
Read more at Reuters.com Bonds News
Beazer, the seventh largest U.S. home builder, said that on July
20, 2007, it received a formal order of private investigation from
the SEC to determine whether any "person or entity related to
Beazer Homes has violated federal securities laws."
Earlier this year, Atlanta-based Beazer disclosed it was the
subject of several lawsuits as well an informal SEC investigation
and a U.S. Attorney's investigation into practices related to its
mortgage-origination business.
Read more at Reuters.com Bonds News
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