LGI Homes Inc
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Consumer Discretionary : Household Durables | Small Cap Value
Company profile

LGI Homes, Inc. is a home builder and developer. The Company is engaged in the and sale of new homes in markets in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia and Pennsylvania. The Company segments include the Central division, the Southeast division, the Northwest division, the West division and the Florida divisions. The Company's product offerings include entry-level homes, including both detached and attached homes, and move-up homes, which are sold under its LGI Homes brand, and its luxury series homes, which are sold under its Terrata Homes brand. It provides information regarding floor plans and pricing and conducts tours of its homes based on the customer’s needs and budget. It offers move-in ready homes features, including stainless steel Whirlpool appliances, cabinets with crown molding, Moen faucets and Kwikset door hardware.

Postmarket

Last Trade
Delayed
$110.51
-0.12 (-0.11%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$110.63
Day's Change
0.45 (0.41%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
111.90
Day's Low
109.57
Volume
(Light)
Volume:
136,318

10-day average volume:
217,984
136,318

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Honda Motor Co., Ltd. - HMC

2:00 pm ET November 5, 2022 (Accesswire) Print

NEW YORK, NY / ACCESSWIRE / November 5, 2022 / Pomerantz LLP is investigating claims on behalf of investors of Honda Motor Co., Ltd.("Honda" or the "Company") (NYSE: HMC). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether Honda and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On September 28, 2022, a putative class action was filed against Honda alleging that the Company sold thousands of vehicles that contain a critical safety flaw putting drivers and others at serious risk of injury. Specifically, the lawsuit against Honda alleges that a wide range of Honda vehicles share a flawed "auto start/stop" function (also called "Idle Stop") intended to save fuel by shutting the engine down at stops, and that the Idle Stop system in these vehicles routinely fails to restart the engine as designed, leaving drivers unable to move their vehicles. The lawsuit further alleges that Honda was fully aware of the defect before marketing the vehicles.

On this news, Honda's American Depositary Receipt ("ADR") price fell $0.74 per ADR, or 3.23%, to close at $22.19 per ADR on September 29, 2022.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

SOURCE: Pomerantz LLP





View source version on accesswire.com:

https://www.accesswire.com/724097/SHAREHOLDER-ALERT-Pomerantz-Law-Firm-Investigates-Claims-On-Behalf-of-Investors-of-Honda-Motor-Co-Ltd--HMC



comtex tracking

COMTEX_418181561/2457/2022-11-05T14:00:41

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