http://vinyl-banners-chicago.com/insure-drivers-using-banners-.html
One of the nation’s largesg homebuilders, Lennar (NYSE: LEN) said the homes were builf primarily in 2006 and 2007 and make up a smalopercentage – 2.1 percent in the state and 0.5 of percent nationwid e – of the total homes The company said it has put aside nearly $40 millionn in warranty reserves to pay for the and that, as of May 31, those reserves, net of payments, was $34.4 million. The company said it has $20.
77 million receivable to pay for damagee under its insurance coverage and it is seekinv reimbursementfrom subcontractors, insurers and otherzs for cost it expects to incur to investigated and repair any damage, according to the In addition, as of July 10, the compang said it was aware of 41 Florida stat court lawsuits and two federal class actions that had been filefd against it by those impacted by the defectivw drywall. The federal cases have been consolidatec toa multi-district courr in Louisiana. Lennar said it has filed suit in Miami-Daded Circuit Court against the entirrsupply chain, including the Chinese and German manufacturers of the defectivse drywall.
It also has moved to stop all 41 statedcourt actions, allowing builders to make the Shares were down 23 centsx to $8.09 in morning trading. The 52-week high was $16.99 on Sept. 19. The 52-week low was $3.423 on Nov. 21.
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