Search for: "KB Homes"
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6 Mar 2009, 4:08 am
Authorities say the program bilked shareholders of KB Home out of millions of dollars. [read post]
13 Nov 2006, 5:10 am
Two other KB Home executives were also ousted, including the head of human resources, whom the company said worked with Bruce [...] [read post]
15 May 2009, 3:25 pm
Ray, the former vice president of human resources at KB Home, Inc., a Los Angeles-based homebuilder, settled options backdating charges. [read post]
10 Nov 2010, 3:47 pm
In a very short piece on NPR's Marketplace this morning, I opined on the possible sentencing of Bruce Karatz, the former CEO of KB Homes. [read post]
5 Mar 2009, 4:00 pm
Journal reports that former KB Home CEO Bruce Karatz was indicted in Los Angeles federal court on backdating stock options fraud charges. [read post]
22 Jul 2010, 11:51 am
[Cynthia Foster]Federal prosecutors aren't buying former KB Home CEO Bruce Karatz's claim that he didn't defraud shareholders during the backdating scandal that rocked the company. [read post]
21 Nov 2006, 4:55 am
Despite resigning amid a stock option controversy, KB Home Chief Executive Bruce Karatz is walking away with as much as $175 million in severance pay, pension benefits and stock options, regulatory filings show. [read post]
14 May 2010, 5:00 am
On April 21, 2010, a federal jury in the Second Circuit found Bruce Karatz, the former CEO of KB Home, guilty of four felonies in a stock backdating scam. [read post]
21 Apr 2010, 1:32 pm
[Cynthia Foster]The LAT is reporting the KB Homes CEO Bruce Karatz has been found guilty of four felony charges, including mail fraud and making false statements. [read post]
26 Jan 2007, 5:16 am
KB Home said Friday that the Securities and Exchange Commission has launched a formal investigation into how it granted stock options to employees. [read post]
18 May 2009, 6:33 am
This allowed KB Home to maintain high prices in a falling real estate market, the lawsuit said, giving both KB Home and Countrywide a higher profit at the expense of borrowers. [read post]
10 Nov 2009, 3:39 am
A federal judge in Los Angeles has rebuffed an effort by the former chief executive of building giant KB Homes to exclude materials related to his marriage settlement and other evidence during his upcoming trial for allegedly manipulating stock options. [read post]
16 Nov 2006, 6:32 am
By ousting KB Home’s chief executive, Bruce Karatz, over inflated stock option awards, the Los Angeles company’s board instantly made the executive a high-profile potential target for federal prosecutors, legal experts told The Los Angeles Times. [read post]
11 Nov 2010, 11:39 am
Prosecutors asked that Bruce Karatz, the former chief executive of KB Home who was convicted of backdating stock options, be given more than six years in prison. [read post]
11 Nov 2010, 7:15 am
Earlier this week, we wrote about the sentencing of former KB Home Chief Executive Bruce Karatz, noting along the way something interesting about it: that the federal government was split on whether or not Karatz should do jail time. [read post]
16 May 2009, 7:01 pm
Historically, KB (formerly known as Kaufman Broad) owned its own mortgage company, KB Home Mortgage Company. [read post]
24 Feb 2007, 4:36 am
The Department of Justice is looking at the options issuance practices of KB Home, joining a previously-disclosed SEC formal investigation. [read post]
24 Feb 2007, 6:52 pm
Today’s Wall Street Journal reports that federal prosecutors in Los Angeles are investigating stock-options backdating at leading home builder KB Home. [read post]
11 Nov 2010, 7:30 am
The judge in the case against Bruce Karatz, former chief of KB Home, criticizes the government's sentencing memorandum. [read post]
8 Feb 2008, 10:32 am
The lawsuit seeks restitution, compensatory and punitive damages and class-action status for all California KB Home customers who bought homes from August 2005 to July 2006 and used Countrywide financing. [read post]
