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MRP INVESTIGATION: Millrose Properties Investigated for Securities Fraud by Block & Leviton; MRP Investors Should Contact the Firm
GlobeNewswire Inc.·
Block & Leviton is investigating Millrose Properties for potential securities fraud, alleging the company misled investors about its business dealings with Lennar. A report claimed Millrose purchased approximately $200 million of finished Lennar homes at above retail prices and is renting them at a loss. The stock declined following the report and a subsequent analyst downgrade.
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