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Beazer Homes USA, Inc. (NYSE: BZH)

Securities Class Action

Overview
  • Date:
  • 5/30/2019
  • Company Name:
  • Beazer Homes USA, Inc.
  • Stock Symbol:
  • BZH
  • Status:
  • Closed/Complete

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NEW YORK, May 30, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against Beazer Homes USA, Inc. (NYSE: BZH) on behalf of Beazer stockholders.  Our investigation concerns whether Beazer has violated the federal securities laws and/or engaged in other unlawful business practices.

On May 2, 2019, Beazer issued a press release announcing its financial and operating results for the second quarter of 2019.  Among other issues, the company announced a net loss from continuing operations of $100.8 million for the quarter, reflecting a $147.6 million impairment on certain California assets.

On this news, Beazer’s share price fell by more than 12%, closing at $12.51 per share on May 3, 2019.

If you purchased or otherwise acquired Beazer shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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