San Diego, CA -- (SBWire) -- 03/03/2023 --An investigation on behalf of current long-term investors in shares of KB Home (NYSE: KBH) was announced over potential breaches of fiduciary duties by certain officers and directors at KB Home.
Investors who purchased shares of KB Home (NYSE: KBH) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain KB Home directors breached their fiduciary duties and caused damage to the company and its shareholders.
Los Angeles, CA based KB Home operates as a homebuilding company in the United States. KB Home reported that its annual Total Revenue rose from over $4.18 billion in 2020 to over $5.72 billion in 2021, and that its Net Income increased from $296.24 million in 2020 to $568.86 million in 2021.
Shares of KB Home (NYSE: KBH) declined from $44.82 per share in early 2022 to as low as $24.78 per share on June 17, 2022.
Those who purchased shares of KB Home (NYSE: KBH) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
KB Home (NYSE:KBH) Investor Alert: Investigation over Potential Wrongdoing
An investigation on behalf of investors in KB Home (NYSE:KBH) shares over potential wrongdoing at KB Home was announced and NYSE:KBH stockholders should contact the Shareholders Foundation.