In The Backdating News
First up: KB Homes, which announced on Friday that it had roughed out the extent of its option pricing issues. The size of the issues was relatively low: $50 million pretax, including a $15 million tax charge.
Ex-KB Home chief reaped big riches in housing boom
Few people have ridden the housing wave as successfully as former KB Home CEO Bruce Karatz and other heads of publicly traded home builders, whose business exploded from late 2003 until the end of 2005 as consumers armed with low
Martha Stewart and KB Homes to Build 2nd Atlanta Community
Los Angeles-based KB Home and New York-based Martha Stewart Living Omnimedia Inc. jointly announced they will build KB Home Wynchase, a community in Woodstock, Ga. The community will open in spring 2007 with 183 houses ranging from 2700
KB Homes CEO quits in stock option scandal
Bruce Karatz, chairman and CEO of KB Homes, agreed to retire Sunday and repay the Los Angeles-based company $13-million (US) after an internal report concluded the home construction company incorrectly reported stock option grants.
KB Home's high-profile CEO is out
Forget talk of the real estate cycle or last week's election -- the buzz in the home building industry this week will be all about the bombshell news that Bruce Karatz, chief executive of KB Home, resigned Sunday in connection with an
Options Backdating Scandal Hits KB Home
KB Home said backdating benefited Karatz to the tune of $13 million, which he will repay. Compared to his total compensation over the years, this is chump change. It won't make a dent in his bank account. Of course, by the time the SEC
FLASH: How the mighty will tumble: KB Homes CEO resigns in
HP'ers we have our answer - the first REIC CEO to serve jail time will be KB Homes FORMER CEO Bruce Karata! He resigned in shame last night, haven stolen money from KB shareholders by backdating his own stock options, inflating his
KB Home CEO Bruce Karatz Ousted in Stock Backdating Scandal
KB Home CEO Bruce Karatz abruptly retired as Chairman of the Board, Director and Chief Executive Officer over the weekend, as an internal investigation found that he backdated stock options. He will also repay the company $13 million
KB Home CEO Canned Over Option Scandal
KB Home, a Los Angeles-based home-construction leviathan once known as Kaufman & Broad, said Mr. Karatz would immediately leave his posts as president, CEO and chairman. He will forfeit about $13 million in gains from the back-dating.
Problems at KB Homes
The longtime chief executive of KB Home, one of the nation’s largest home builders, Two other KB Home executives were also ousted, including the head of The turn of events at KB Home, which also led to the departures of Gary A.

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KB Home Customers Find FTC Penalties Inadequate
KB Home began as Kaufman & Broad in 1957, and has diversified into a multi-tiered Meanwhile, disgruntled KB Home buyers complain of faulty construction,
Homeowners Web Sites Homeowners Against Deficient Dwellings
Homeowners Websites. KB Home:. KB HOMEs STINK: This website was created to make public the problems that the homeowners of the Chandler Creek community have
Arlington residen sue KB Home Dallas Business Journal:
"Sixty-four homeowners in Arlington are suing Los Angeles-based homebuilder KB Home for not disclosing that the Southridge Hills subdivision was built on
Former KB Home CEO's severance pay eyed Corporate Scandals
Bruce Karatz, who stepped down last week as chief executive of KB Home, could get as much as $175 million in severance pay, pension benefi and stock kb+home: kb home texas , giveaway home kb martha stewart , kb home texas , giveaway home kb martha stewart , kb+home