Beazer Homes Provides Further Response to Media Reports
28 3월 2007 - 7:49PM
Business Wire
In response to statements made by a representative of the FBI on
the possibility of a federal investigation of the Company in
connection with alleged mortgage fraud, Beazer Homes USA, Inc.
(NYSE: BZH) (www.beazer.com) has the following response. Beazer
Homes has been in contact with the U.S. Attorney�s Office and, at
this time, there have been no allegations of any wrongdoing.
Instead, Beazer Homes has received a request for documents
generally relating to its mortgage business. We are fully
cooperating with this request and the U.S. Attorney�s Office. We
believe this request was fueled by the articles recently published
by the Charlotte Observer. Based on our internal investigations to
date, we have found no evidence to support the allegations in these
articles. We have further been told by the U.S. Attorney�s Office
that the statements by the FBI and published by Business Week were
not authorized and should not have been made. Beazer Homes has a
long established commitment to managing and conducting business in
an honest, ethical and lawful manner. Beazer Homes USA, Inc.,
headquartered in Atlanta, is one of the country�s ten largest
single-family homebuilders with operations in Arizona, California,
Colorado, Delaware, Florida, Georgia, Indiana, Kentucky, Maryland,
Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio,
Pennsylvania, South Carolina, Tennessee, Texas, Virginia and West
Virginia and also provides mortgage origination and title services
to its homebuyers. Beazer Homes, a Fortune 500 company, is listed
on the New York Stock Exchange under the ticker symbol �BZH.�
Forward-Looking Statements Certain statements in this press release
are �forward-looking statements� within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements involve
known and unknown risks, uncertainties and other factors that may
cause actual results to differ materially. Such risks,
uncertainties and other factors include, but are not limited to,
changes in general economic conditions, changes in levels of
customer demand, fluctuations in interest rates, increases in raw
materials and labor costs, levels of competition, implementation of
overhead realignments and associated costs, potential liability as
a result of construction defect, product liability and warranty
claims, and other factors described in the Company�s Annual Report
on Form 10-K for the year ended September 30, 2006 filed with the
Securities and Exchange Commission on December 8, 2006.
Beazer Homes USA (NYSE:BZH)
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