DJS Law Group reminded investors of a class-action lawsuit against Millrose Properties, Inc. alleging violations of the Securities Exchange Act. The complaint concerns statements Millrose allegedly made between February 7, 2025, and October 2, 2026, about its business dealings and strategy.
The complaint alleges Millrose strayed from its stated focus on land acquisition and development. It claims the company bought $200 million worth of properties from Lennar and then leased them at a loss, contrary to its public statements.
Investors who purchased Millrose shares during the specified period are encouraged to seek lead plaintiff status by December 8, 2026.