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D.R. Horton, Inc. (NYSE:DHI) Investor Investigation Concerning Possible Wrongdoing Announced

  • If you purchased shares of D.R. Horton, Inc. (NYSE:DHI), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
D.R. Horton, Inc.
Security
NYSE: DHI

Summary

June 30, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of D.R. Horton, Inc. (NYSE:DHI) was announced over potential breaches of fiduciary duties by certain officers and directors at D.R. Horton, Inc.

The investigation by a law firm concerns whether certain D.R. Horton officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

D.R. Horton, Inc. reported that its Total Revenue rose from over $8.02 billion for the 12 months period that ended on Sept. 30, 2014 to over $10.82 billion for the 12 months period that ended on Sept. 30, 2015 and that its Net Income for those time periods increased from $533.50 million to $750.70 million.

Shares of D.R. Horton, Inc. (NYSE:DHI) grew from $19.84 per share in October 2014 to as high as $32.99 per share in December 2015.

On June 30, 2016, NYSE:DHI shares closed at $31.48 per share.

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