LEN DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Lennar (NYSE: LEN) Investors of Securities Class Action Lawsuit Deadline on January 11, 2027

NEW YORK--(BUSINESS WIRE)--Nov 12, 2026--

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lennar Corporation (“Lennar” or the “Company”) (NYSE: LEN) and reminds investors of the January 11, 2027 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: Defendants' statements were materially misleading when made because they misrepresented the true performance of the Company, including its relationship with Millrose. First, statements discussing market conditions and touting the success of the asset-light strategy were misleading because they omitted that Lennar was secretly capitalizing costs associated with the Company's option agreements with land banks in order to give a more favorable near-term impression of performance. Second, Defendants' statements misrepresented the purpose of the Millrose spin-off as a way to create a land bank intended to transition Lennar from a "traditional homebuilder with sizable land assets to being a pure-play land-light asset-light manufacturing model homebuilder . . . ." In truth, and unbeknownst to investors, the spin-off was at least in part intended to smooth and/or inflate Lennar's own struggling finances by facilitating Millrose's purchase of Lennar homes at above market rates to hide the extent of Lennar's declining demand and financial performance.

On December 16, 2025, Lennar announced that its adjusted per-share earnings came in at $2.03 per share for three months through November, down from $4.03 per share a year earlier and missing the Street's view of $2.26 per share, and disclosed a 2026 fiscal first quarter delivery outlook that was below market estimates. On this news, Lennar's stock price fell $5.34, or 4.54%, to close at $112.23 per share on December 17, 2025, on extremely heavy trading volume.

On March 30, 2026, Lennar issued a press release reaffirming the purported benefits of its land-light strategy, which investors described as "defensive" and which raised concerns about "unique accounting attributes" of land-banking arrangements. On this news, Lennar's stock price fell $5.37 per share—nearly 6%—to close at $84.88 per share on March 30, 2026.

On October 2, 2026, Hunterbrook issued a report revealing that Lennar was using Millrose to prop up home sales, having sold over 700 homes totaling approximately $200 million to its own spinoff at above-market prices while Millrose rented them at a loss. On this news, Lennar's stock price tumbled nearly 7%, or $5.37 per share, to close at $74.44 per share on October 5, 2026, on unusually high trading volume of nearly 10.7 million shares.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Lennar’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Lennar class action, go to www.faruqilaw.com/LEN or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Frequently Asked Questions (FAQ) for Investors Regarding the Lennar Securities Class Action Lawsuit:

What is the Lennar securities fraud lawsuit about?

The lawsuit alleges that Lennar Corporation and certain of its officers made materially false and misleading statements to investors during the Class Period. Specifically, the complaint alleges that Lennar secretly capitalized costs associated with its option agreements with land banks in order to present a more favorable near-term picture of its financial performance, while publicly touting the success of its asset-light strategy. The complaint further alleges that Defendants misrepresented the purpose of the Millrose spin-off, characterizing it as a strategic transition to an asset-light homebuilding model when, in truth, the spin-off was allegedly used at least in part to smooth and/or inflate Lennar's own finances by having Millrose purchase Lennar homes at above-market rates. These alleged misrepresentations purportedly obscured the true extent of Lennar's declining demand and deteriorating financial performance from investors.

Who may be eligible to participate in the lawsuit?

Investors who purchased or otherwise acquired Lennar Corporation (NYSE: LEN) securities between February 7, 2025 and October 2, 2026, inclusive, may be eligible to participate in this lawsuit. The Class Period encompasses transactions in Lennar common stock traded on the New York Stock Exchange under the ticker symbol LEN. Eligible investors are not required to serve as lead plaintiff in order to participate in the case or share in any potential recovery. All class members who suffered losses during the Class Period may be entitled to relief if the case is successfully resolved.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff is a court-appointed representative who acts on behalf of all class members in directing the litigation, including making key decisions regarding litigation strategy and the selection of class counsel. Any investor who purchased Lennar securities during the Class Period and suffered a loss may move the court for appointment as lead plaintiff. The deadline to file a motion seeking lead plaintiff appointment is January 11, 2027. Importantly, investors do not need to seek or obtain lead plaintiff status in order to be eligible to share in any recovery that may result from the lawsuit.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Lennar securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

LEN DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Lennar (NYSE: LEN) Investors of Securities Class Action Lawsuit Deadline on January 11, 2027

McALESTER, Okla. (AP) — Oklahoma man is put to death over 2001 killing of girlfriend’s estranged husband, the first in a pair of US executions.

THIS IS AN APNewsAlert. Check back for updates. AP's earlier story is below.

Two men were set to be executed in the U.S. on Thursday, including a Texas father who beheaded three young children he was raising in a 2003 killing that rattled a community along the U.S.-Mexico border.

In Oklahoma, James Pavatt was also set to die by lethal injection for the fatal shooting of the estranged husband of a woman with whom he was having an affair. Prosecutors say he carried out the killing with her, and she is currently the state's only woman on death row.

The U.S. is on track to surpass 40 executions for a second consecutive year, a pace driven by Florida as the death penalty comes under renewed attention. Last week, California Gov. Gavin Newsom announced he would commute hundreds of death sentences before leaving office, which experts say would be the largest mass clemency in American history.

Pavatt, 73, was set to be put to death at Oklahoma's state penitentiary in McAlester. John Allen Rubio, 46, was set to be put to death later in Texas at the state prison in Huntsville.

Rubio and his girlfriend, Angela Camacho, were accused in the killings of 3-year-old Julissa Quesada, 14-month-old John E. Rubio and 2-month-old Mary Jane Rubio in the squalid, windowless apartment they shared in Brownsville, located on Texas' border with Mexico.

Camacho pleaded guilty and is serving a life sentence.

Rubio's first capital murder conviction in the killings was overturned by an appeals court, which ruled that statements by Camacho were wrongly allowed as evidence in his trial. Rubio again pleaded not guilty by reason of insanity for his second trial but he was once again convicted and sentenced to death.

Rubio, according to court records, wasn’t the biological father of the two older children but treated them as if they were his own.

At various points, Rubio claimed the children were possessed and that he was the “chosen one” intended to save the world. Defense experts diagnosed Rubio as suffering from paranoid schizophrenia, a determination rejected by prosecution experts.

Defense experts testified his childhood — filled with violence at home, “toxic” parents, drug use and prostitution — damaged him developmentally.

The apartment building where the children were killed was later demolished and the land was turned into a park and a community garden.

Pavatt was convicted of first-degree murder and conspiracy to commit murder in the 2001 death of Rob Andrew, a 39-year-old advertising executive. Andrew was fatally shot in the garage of the Oklahoma City home he'd previously shared with his wife as he picked up their two young children before Thanksgiving.

Pavatt, who attended the same church as the Andrew family, had been having an affair with Andrew's wife, Brenda Andrew. They were convicted at separate trials and each sentenced to death.

Weeks before the shooting, Rob Andrew told police someone was trying to kill him after the brake lines on his car were cut. Brenda Andrew told police after her husband was killed that masked intruders shot her in the arm and fatally shot him.

Pavatt and Brenda Andrew went to Mexico with her two children after the shooting and were arrested three months later while reentering the U.S.

At a clemency hearing last month, Pavatt said he was “not guilty of shooting anyone,” and that he'd fallen in love with Brenda Andrew and believed “everything she told me.”

“It was not until my trial that I began to see the extent to which I had been manipulated by Brenda,” Pavatt told the board. “I can see why the jury believed that we were both involved in Rob’s murder.”

Prosecutors have said that Pavatt and Andrew plotted to kill Rob Andrew, and that no matter who fired the shots, both were equally guilty.

This photo provided by the Oklahoma Department of Corrections shows James Pavatt in Feb. 2023. (Oklahoma Department of Corrections via AP)

This photo provided by the Texas Department of Criminal Justice shows John Allen Rubio on Oct. 31, 2022. (Texas Department of Criminal Justice via AP).