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Lennar Larest News

Lennar Latest News



Lennar Homes trouble brew in Texas
Monday, 24 September 2007

Hutto residents protest Lennar subdivision
Since purchasing their new homes, numerous residents of the Hutto Parke subdivision say they have found cracks and nail pops in their walls and ceilings, foundation problems and defective roof trusses - and do not want others to have to experience the same. Residents allege the subdivision's homebuilder, Lennar Corp., sold them "defective homes" and lied on Housing and Urban Development documents, claiming the homes were built on un-expansive soil.

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Lennar Settles with Nemeses Michael Morgan
Thursday, 20 September 2007

Lennar, Stuart real estate broker settle suit out of court
More than a year and 27 thick volumes of court paperwork after it was filed, the lawsuit between Lennar Corp. and the Stuart real estate broker crusading against the homebuilding company has been dismissed.Circuit Judge Larry Schack congratulated Lennar and defendant Michael Morgan and ordered the case closed Aug. 29 after receiving notice they had reached a confidential settlement.

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Lennar Follows KB's Lead and Builds on BOMBS
Thursday, 06 September 2007

Bomb jitters spur visits to attorneys
The first of what's expected to be many lawsuits was filed in Orange County Court on Wednesday against Lennar Homes, one of several companies that built some houses atop part of a forgotten Army bombing range. Lawyers have been circling since the Army Corps of Engineers announced in July that at least two live World War II-era bombs were found on ranchland behind Odyssey Middle School, down the street from Viera's new home. The Corps also announced that the school and part of the 950-acre Vista Lakes community were built atop the western fringe of the range used in the late 1940s to train bombardiers.

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Housing Boom Ends for Lennar
Monday, 03 September 2007

More cutbacks for Lennar
Lennar Corp., the big Miami home builder that reported a $255 million loss in the most recent quarter, has trimmed more than 60 additional positions from its Southwest Florida division, bringing it to its pre-housing-boom levels, an executive said. The cuts this week included Rob Allegra, the division president of Lennar Sarasota/Manatee, who has been the face of the home builder locally for more than a decade.

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The Wall Street Journal: The Big Morgan vs. Lennar Battle Continues
Saturday, 21 July 2007

From the Web to Court, a Real-Estate Broker Battles Lennar
A dispute between a local real-estate broker and one of the nation's largest home builders has mushroomed into a legal battle reaching all the way to Wall Street. At the heart of the fight is a Web site started by Mike Morgan, the real-estate broker, to collect complaints and dispense advice about what he considers shoddy workmanship on homes built by Miami-based Lennar Corp.

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Reckless Endangerment
BY: GRETCHEN MORGENSON
and JOSHUA ROSNER

Outsized Ambition, Greed and
Corruption Led to
Economic Armageddon


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