Articles

Did 1/3 of KB Home Board of Directors Quit or Have Been Secretly FIRED?

By LemonMeister on  From lemonade.akbhomesucks.com
This is the third and fourth “Board-Level” resignation at KB Home in the last few weeks? Were they fired or are they just quitters? Can’t do the job, or did the job suck so bad? It’s hard to keep a straight face when your company has a policy of lies and to never do the right thing. These people were elected without any opposition at the last KB Home annual shareholders meeting? All opposition was Knocked Out. Investors wanted accountability by KB Home’s Board of Directors/dictators – THEY...Read Full Story

Did 1/3 of KB Home Board of Directors Quit or Have Been Secretly FIRED?

By LemonMeister on  From lemonade.akbhomesucks.com
This is the third and fourth “Board-Level” resignation at KB Home in the last few weeks? Were they fired or are they just quitters? Can’t do the job, or did the job suck so bad? It’s hard to keep a straight face when your company has a policy of lies and to never do the right thing. These people were elected without any opposition at the last KB Home annual shareholders meeting? All opposition was Knocked Out. Investors wanted accountability by KB Home’s Board of Directors/dictators – THEY...Read Full Story

KB Home Toxic Black Mold Cover up?

By LemonMeister on  From lemonade.akbhomesucks.com
KB Home Toxic Black Mold Cover up? Join the Discussion on KB Home Sucks LIVE Radio Date / Time: 8/26/2010 09:00 PM PDT, 10:00 PM MDT, 11:00 PM CDT and 12:00 PM EDT Category: Current Events Call-in Number: (347) 637-3050 Mold, is it growing in your KB Home right now? Simple “rules of thumb” can help you decide when a mold problem in a home virtues hiring a professional to investigate or clean up mold or other allergens. A mold professional may have some neat gadgets to find or test for mold...Read Full Story

KB Home Toxic Black Mold Cover up?

By LemonMeister on  From lemonade.akbhomesucks.com
KB Home Toxic Black Mold Cover up? Join the Discussion on KB Home Sucks LIVE Radio Date / Time: 8/26/2010 09:00 PM PDT, 10:00 PM MDT, 11:00 PM CDT and 12:00 PM EDT Category: Current Events Call-in Number: (347) 637-3050 Mold, is it growing in your KB Home right now? Simple “rules of thumb” can help you decide when a mold problem in a home virtues hiring a professional to investigate or clean up mold or other allergens. A mold professional may have some neat gadgets to find or test for mold...Read Full Story

KB Home Sucks LIVE Radio, Thursday September 9th 2010

By LemonMeister on  From lemonade.akbhomesucks.com
KB Home Sucks, why your KB warranty isn’t worth the paper it’s written on! Thursday September 9th 2010, at 12 p.m. Eastern, 11 p.m. Central, 10 p.m. Mountain and 9 p.m. Pacific time zones. Famed construction defect expert and professional home inspector Mark Eberwine will join our host the LemonMeister to discuss the ins and outs of home warranties including: What’s covered in your KB home warranty? How long does the KB warranty last? What is not covered in the KB home warranty...Read Full Story

KB Home & Wells Fargo Try to Manipulate Media Spotlight From Bruce Karatz Trial Date

By LemonMeister on  From lemonade.akbhomesucks.com
KB Home & Wells Fargo Team Up to Take the Media Spotlight Away From Bruce Karatz Trial’s Opening Statements! Breaking News – KB Home (NYSE: KBH) to Deliver Presentation at Wells Fargo (NYSE: WFC) 2010 Housing and Building Products Event on the same day that its former Chief Operating Officer at KB Home Starts his trial on Stock Manipulation in Federal Court in Los Angeles. Karatz faces 20 counts of defrauding the Los Angeles homebuilder and its shareholders by awarding himself ($233 Million...Read Full Story

Invest with Luis G. Nogales & Bruce Karatz

By LemonMeister on  From lemonade.akbhomesucks.com
KB Home is investing in the Marketing of Green Home Building mix (talk is cheap) but what does it mean to you and I? Ironically Luis G. Nogales and former CEO Bruce Karatz known currently for going on trial February 23rd 2010 have associations with one of the largest Electrical producer’s in the World EDISON INTERNATIONAL? Nogales is also a director of Southern California Edison Co (Double salary?)., Isn’t a bit ironic that the new Green Building craze that a Members of KB Home board are also...Read Full Story

Kelly Masuda KB Home KBH the Lemon Builder!

By LemonMeister on  From lemonade.akbhomesucks.com
Kelly Masuda KB Home KBH the Lemon does not fall far from the tree. Kelly Masuda, once again a KB executive, KB Home’s SVP Treasurer who has been with KB Home since 2004… does he really care about his product (tract homes built too fast with no supervision) or only quick profits for his own pockets and the other over paid executives at KB? Masuda managed KB Home investor relations activities in addition to being responsible for financing activities, corporate-wide banking including bank...Read Full Story

KB Home ex-CEO Karatz well aware of fraud: prosecutor

 From reuters.com
LOS ANGELES/SAN FRANCISCO (Reuters) - Bruce Karatz, the former head of KB Home, sought to boost his stock by illegally backdating stock options while repeatedly denying he was "engaged in a scheme to defraud," a prosecutor argued on Thursday.Karatz, once one of America's highest-paid executives, failed to inform KB Home's chief financial officer or other top executives that he was engaged in hindsight pricing and repeatedly lied to internal auditors, Assistant U.S. Attorney Paul Stern said...Read Full Story

Former KB Home CEO convicted in backdating trial

 From ap.org
The former head of construction giant KB Home was convicted Wednesday of four felony counts in a stock option backdating scam.A federal jury in Los Angeles found Bruce Karatz guilty of two counts of mail fraud, one count of lying to company accountants and one count of making false statements in reports to the Securities and Exchange Commission.Karatz was acquitted on 16 other counts. The 64-year-old former CEO showed no emotion as the verdicts were read.It was the second time that top...Read Full Story
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