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Gold v. Forestar Group Inc. et al
Case Number:
1:17-cv-00779
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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July 27, 2017
Forestar Shareholder Drops Suit After $568M D.R. Horton Bid
A shareholder dropped his proposed class action against Forestar Group Inc. after the company accepted a $568 million buyout proposal from home builder D.R Horton that was higher than the Starwood Capital Group offer that prompted the suit, according to a notice filed in Delaware federal court Wednesday.
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June 19, 2017
Forestar Shareholders Challenge $605M Starwood Deal
Forestar Group Inc. has been hit with a proposed shareholder class action in Delaware federal court alleging the company was undervalued by Starwood Capital Group's proposed $605 million buyout and that the board erred by not seizing on a competing offer by developer D.R. Horton.