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US District Judge enters Final Order and Judgement in Davis et al. v Beazer Homes

United States District Judge William L. Osteen, Jr. today entered the Final Order and Judgment in Davis et al. v Beazer Homes, U.S.A. Inc., et al., No. 1L08CV247 (M.D. N.C.).  The Settlement resolves a lawsuit claiming that Beazer Homes failed to disclose to homebuyers that Beazer Homes funded down payment assistance to homebuyers by raising the price of the homes. Beazer denies these claims and charges.    The Court noted that there were no objections to the settlement and only five requests for exclusion.  The Settlement provided Class Members with direct notice of a Restitution Fund from which Class Members can receive a cash payment equal to the down payment assistance that was paid to the Class Member as part of the transaction in which the Class Member purchased a home from Beazer.   The due date for filing of the Requested Relief Form is July 1, 2014.  The Requested Relief Form is available here