Business
Beazer Homes USA Inc., which has recently suffered hefty losses amid a downturn in the housing market, now faces a federal investigation of mortgage fraud and other allegations involving the home builder.
March 28, 2007
The home builder gets a subpoena for records in a federal investigation of its mortgage practices.
March 30, 2007
Beazer Homes USA Inc. has received two default notices from a trustee representing holders of about $1.5 billion in bonds, but the home builder denies it is in default.
Sept. 11, 2007
Beazer Homes USA Inc., which is under investigation by the Securities and Exchange Commission, plans to exit the mortgage business and stop selling homes in four markets.
Feb. 2, 2008
Internal investigation finds it broke loan rules for low-income buyers.
Oct. 12, 2007
Beazer Homes USA Inc. said Thursday that the Securities and Exchange Commission was informally investigating whether anyone connected to the company had violated securities law.
May 4, 2007
Beazer Homes USA Inc. said the Securities and Exchange Commission began a formal investigation of possible securities law violations at the company.
July 24, 2007
Beazer Homes USA Inc., which is under investigation by the FBI for potential fraud, fired its chief accounting officer for allegedly violating the company’s ethics policy by attempting to destroy documents.
June 28, 2007
Home builders D.R.
July 27, 2007
Beazer Homes USA Inc., whose home closings have plunged amid turmoil in the housing industry, warned that it expected to record pretax charges of $230 million in its fiscal fourth quarter.
Nov. 6, 2007