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Press release from Business Wire

Law Offices of Howard G. Smith Announces Investigation of Major Home Building Companies

Friday, September 09, 2011

Law Offices of Howard G. Smith Announces Investigation of Major Home Building Companies23:31 EDT Friday, September 09, 2011 BENSALEM, Pa. (Business Wire) -- Law Offices of Howard G. Smith announces that it is investigating potential claims against many of the top companies in home building, including PulteGroup (NYSE:PHM), Lennar Corp. (NYSE:LEN), D.R. Horton (NYSE:DHI) and KB Home (NYSE:KBH) concerning possible breaches of fiduciary duties by the companies or their fiduciaries. The investigation concerns a United States Department of Labor (DOL) investigation concerning possible violations of the Fair Labor Standards Act (FLSA). The FLSA governs employment practices such as overtime pay and limits on using teen workers. In addition, an article published September 8, 2011 in The Wall Street Journal about the DOL investigation quoted a researcher for a labor-rights group collaborating with the AFL-CIO to improve standards in the home-building industry who said home builders have been pressuring subcontractors to “go cheaper” on costs. If you purchased the stock of PulteGroup, Lennar Corp., D.R. Horton or KB Home and still hold those shares, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com. Law Offices of Howard G. SmithHoward G. Smith, Esquire(215) 638-4847(888) 638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com