January 14, 2009

BEAZER HOMES: Accrues $17.9M at Sept. 30 for Liability Claims

COMPANIES: Beazer Homes USA Inc
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Beazer Homes USA, Inc., as of Sept. 30, 2008, has accrued US$17.9 million in other liabilities related to construction defects, moisture intrusion and related mold claims and product liability, the Company disclosed in its latest Annual Report on Form 10-K…

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TOPICS: Construction/Engineering | Earnings | Home Builders | Legal Issues, Litigation | Loans & Financing | Real Estate/REITs | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Georgia (U.S.) | United States