MDC May Be On Hook In Radon Exposure Suits

Law360, New York (December 8, 2009, 6:41 PM EST) -- Real estate firm MDC Holdings Inc. has announced it could be on the hook for damages in litigation from West Virginia homeowners over allegedly dysfunctional radon mitigation systems.

In an 8-K filing with the U.S. Securities and Exchange Commission Tuesday, MDC said it faces three lawsuits from three separate plaintiff groups now consolidated in a West Virginia state court, with a trial expected to take place in April 2010.

According to the filing, the court entered default judgment in November in favor of the plaintiffs with...
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