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LAWSUITS NEWS & LEGAL INFORMATION

KB Home

A lawsuit was filed against the residential builder for allegedly violating the terms of a 1979 consent order with the Federal Trade Commission. The consent order required KB to "make timely warranty repairs and to furnish home purchasers with a warranty that is substantially identical to the Home Owners Warranty Corporation warranty." KB Home has agreed to pay a $2 million civil penalty for their violations. (Aug-05-05) [SUN HERALD]


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Published on Aug-15-05


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