Thieler Law Corp advises investors with losses exceeding $100,000 of the August 5, 2019 lead plaintiff deadline in a class action lawsuit filed against Beazer Homes USA Inc (NYSE: BZH) (“Beazer Homes” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Beazer Homes USA Inc securities between August 1, 2014 and May 2, 2019, have until August 5, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Beazer Homes USA Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Beazer Homes’ California assets classified as land held for future development were deteriorating in value or improperly valuated; the foregoing created a foreseeable risk of an eventual substantial impairment that would negatively impact the profitability of the Company; and as a result, the Company’s public statements were materially false and misleading at all relevant times.

On May 2, 2019, the Company revealed its financial and operating results for the second quarter of 2019. The Company revealed a net loss from continuing operations of $100.8 million for the quarter, reflecting a $147.6 million impairment on certain California assets.

Following this new, NYSE: BZH fell $1.73 per share, or 12.15%, to close at $12.51 per share on May 3, 2019.

If you were negatively impacted by your investment in Beazer Homes USA Inc securities between August 1, 2014 and May 2, 2019 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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