Beazer Homes says SEC probe involving company now ‘formal’
Beazer Homes USA Inc. said Monday that an informal Securities and Exchange Commission inquiry to determine if any person or entity related to the company violated securities laws has become formal.
The Atlanta-based homebuilder said in an SEC filing issued after the market closed that on Friday it received a “formal order of private investigation” issued by the SEC in this matter.
“Beazer Homes will continue to cooperate fully with the SEC regarding this matter,” the company said in the filing.
It did not elaborate on the review.
29 July 2007 | Business, Construction, Construction and Law | Comments
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