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Provider: MacroRisk Analytics/EconomicInvestor

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Lifshitz Law Firm Announces Investigation Of Hovnanian Enterprises Inc

Monday, 28 Jan 2013 07:17pm EST 

Lifshitz Law Firm announced an investigation into possible breaches of fiduciary duty in connection with the proposed vote scheduled for March 12, 2013 to approve an amendment to the Hovnanian Enterprises, Inc. (Hovnanian or the Company) (HOV) Amended Certificate of Incorporation (the Certificate of Incorporation) to increase the number of authorized shares of Class A Common Stock and Class B Common Stock. The increase in the number of authorized shares could have a substantial dilutive effect on Hovnanian common stock. 

Company Quote

0.07 +1.89%
20 Oct 2014