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Sunday, May 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Lennar Securities

A class of shareholders has asked a federal judge to enjoin the sale of WCI Communities to Lennar Corp., saying the $643 million deal is the result of an unfair process and gives investors inadequate consideration.

WILMINGTON, Del. – A class of shareholders has asked a federal judge to enjoin the sale of WCI Communities to Lennar Corp., saying the $643 million deal is the result of an unfair process and gives investors inadequate consideration.

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