FDI Lennar
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Lennar shares drop after deal questioned on website (Reuters via Yahoo! News)
Shares of Lennar Corp , the second-largest U.S. homebuilder, plummeted on Friday after a letter questioning a late 1990s transaction involving the company surfaced on the Internet.
LENNAR HIT BY FRAUD CLAIM (New York Post)
Lennar Corp., the third-largest US builder by market value, fell as much as 28 percent in New York trading after Barry Minkow's Fraud Discovery Institute alleged that the company operates joint ventures "like a Ponzi scheme." Lennar denied the...
Lennar Declines After Minkow Alleges ‘Ponzi Scheme’ (Update4) (Bloomberg)
Jan. 9 (Bloomberg) -- Lennar Corp. , the third-largest U.S. builder by market value, fell as much as 28 percent in New York trading after Barry Minkow ’s Fraud Discovery Institute alleged that the company operates joint ventures “like a Ponzi scheme.” Lennar denied the allegations.
Lennar Hit by Claims on Off-Balance Sheet Debt - Wall Street Journal By MICHAEL CORKERY and MARK MAREMONT Shares of Lennar Corp. plunged Friday after a high-profile investigator raised questions on a Web site about the home ...
Lennar shares drop after Minkow alleges co. of operating joint ... - RTT News (RTTNews) - Lennar shares have since recouped some of their losses after the company issued its statement. The shares are currently trading at $10.09, ...
CDS On Lennar Pop On Allegations - DW Online Credit default swap spreads on homebuilder Lennar blew out today on sweeping allegations of fraud posted on frauddiscovery.net. Spreads went to 630 basis ...
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