Beazer Homes USA

1. Effects Of Subprime Suits On Coverage Litigation

Monday, Sep 14, 2009

Although it may be too early to assess fully the impact of subprime litigation on the insurance industry, developments during the past several months suggest that the subprime crisis may not give rise to significant coverage litigation, say H. Christopher Boehning and Douglas M. Pravda of Paul Weiss Rifkind Wharton & Garrison LLP.

2. Haynes & Boone Lands SEC Heavyweight

Thursday, Sep 03, 2009

Having spent the past two decades overseeing high-profile enforcement actions for the U.S. Securities and Exchange Commission, the regulator's Atlanta regional director is planning to make the jump to Haynes and Boone LLP.

3. Ex-Beazer Accounting Officer Hit With SEC Fraud Suit

Wednesday, Jul 01, 2009

The U.S. Securities and Exchange Commission has sued the former chief accounting officer of Beazer Homes USA Inc., alleging that the executive was a central figure in a scheme to misstate the homebuilder's net income by more than $60 million.

4. Beazer Homes Settles SEC Accounting Allegations

Thursday, Sep 25, 2008

In a deal that doesn't require the company to pay a civil penalty, Beazer Homes USA Inc. has settled allegations by the U.S. Securities and Exchange Commission that officers and employees fraudulently misstated the homebuilder's net income.

5. A Key Decision For SOX Practitioners

Tuesday, Jan 29, 2008

The Fifth Circuit's ruling in Allen v. Administrative Review Board is not revolutionary. It is nevertheless a significant decision for SOX practitioners because it confirms, in key respects, the federal courts’ agreement with the legal standards announced by the ARB, say Mark W. Robertson and Ryan W. Rutledge of O’Melveny & Myers LLP.

6. Homebuilders Quell HUD Kickback Investigation

Tuesday, Oct 30, 2007

Six homebuilders, including Pulte Homes Inc., KB Home and Beazer Homes USA Inc., will pay almost $1.4 million to resolve a U.S. Department of Housing and Urban Development probe into allegations that title insurance companies paid kickbacks to the builders in exchange for referrals.

7. Defining “Protected Activity” Under SOX

Thursday, Sep 20, 2007

While the debate as to the scope of “protected activity” is far from over, the Welch v. Cardinal Bankshares Corp. ruling and its progeny could remove a huge group of potential plaintiffs from the umbrella of SOX’s protection, says Barbara E. Hoey of Kelley Drye & Warren.

8. Beazer Homes Strikes First Against U.S. Bank

Wednesday, Aug 22, 2007

Hoping to beat U.S. Bank National Association to the punch, Beazer Homes USA Inc. has sued the financial institution in an attempt to thwart the bank from declaring the home builder in default on $1.38 billion in loans.

9. Beazer Homes Faces Shareholder Suit

Monday, Apr 02, 2007

With rumors swirling about alleged misconduct, Beazer Homes USA has been hit by a shareholder lawsuit accusing the mortgage-lending company of pumping up the stock by issuing false and misleading statements regarding its financial outlook.