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Portnoy Law Firm Announces Class Action on Behalf of Millrose Properties, Inc. Investors
GlobeNewswire Inc.·
The Portnoy Law Firm has filed a class action lawsuit against Millrose Properties, Inc. (NYSE: MRP) on behalf of investors who purchased securities between February 7, 2025 and October 2, 2026. The lawsuit alleges that Millrose made false and misleading statements about its business operations, concealing that it was acquiring $200 million in residential properties from Lennar and operating them at a loss as rental housing, contrary to its stated business model. Following an investigative report by Hunterbrook Media on October 2, 2025 that revealed these practices, Millrose's stock price declined by approximately 9%.
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