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Press Release
hsmith@howardsmithlaw.comThis investigation is for anyone who acquired securities in Lennar Corporation (NYSE: LEN) prior to October 2, 2026.
The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to disclose to investors that the only reason the Company made the low end of its guidance was because of related party sales to Millrose Properties, whom the Company controls.
On October 2, 2026, Hunterbrook Media published a report alleging, among other things, that Lennar Corporation reported 20,840 home deliveries for the third quarter against guidance of 20,500 to 21,500 deliveries. According to the report, Lennar Corporation exceeded the low end of its third-quarter delivery guidance by 340 homes only because Millrose Properties, Inc. purchased approximately 356 Lennar Corporation homes in the final week of the quarter. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Lennar Corporation (NYSE: LEN) prior to October 2, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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