The Florida Attorney General’s Office today announced a multi-million dollar settlement with home builder KB HOME and its Florida subsidiaries. The Attorney General’s Office entered a stipulated consent decree and final judgment to resolve a three-year investigation of KB HOME for violations of the Florida Deceptive and Unfair Trade Practices Act. KB HOME allegedly failed to make certain disclosures to home buyers regarding the construction of some of its homes and improperly denied warranty coverage to certain homeowners who were otherwise covered.
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