KB Home to pay more than $23M in Florida settlement

One of the United States’ largest homebuilders and its Florida subsidiaries has settled to resolve a three-year investigation, Florida Attorney General Pam Bondi said Thursday.

The case involved KB Home and its alleged violations of the Florida Deceptive and Unfair Trade Practices Act. Bondi’s office said the homebuilder failed to make disclosures to homebuyers regarding construction of some homes and denied warranty coverage in some cases.

Before and during Bondi’s investigation, Los Angeles-based… …read more