NVR, Inc.

NVR, Inc.
Public
Traded as NYSE: NVR
S&P 400 Component
Industry Construction, Financial Services
Founded 1980 (1948 as "Ryan Homes" in Pittsburgh)
Headquarters Reston, Virginia, United States
Key people
Products Homes
Financial Services
Revenue $5.275 billion
$697.6 million
Number of employees
5,401
Website nvrinc.com, Ryan Homes

NVR, Inc. is an American homebuilding and mortgage company. The homebuilding unit sells and constructs new homes under the Ryan Homes, NVHomes, Rymarc Homes, Fox Ridge Homes and Heartland Homes trade names.[2]

Controversy

The attorney general of Delaware, Beau Biden, and his office, filed a 39-count consumer fraud lawsuit against NVR, Inc., while doing business under the "Ryan Homes" name.[3][4] Ryan Homes staff were alleged to have made false statements about the development of various community amenities in the specific development according to the complaints filed. The case was settled on April 1, 2010.[5]

References

  1. "NVR Inc". Reuters. Retrieved June 9, 2017.
  2. "Ryan Homes > About". Retrieved 2013-10-18.
  3. "Biden sues Ryan Homes for consumer fraud" (PDF). 2010-02-17. Archived from the original (PDF) on 2011-07-21. Retrieved 2011-07-18.
  4. Eichmann, Mark (2010-02-17). "Delaware sues home builder Ryan Homes". Archived from the original on 2012-02-04. Retrieved 2011-07-18.
  5. "Biden Settles Consumer Fraud Charges with Ryan Homes" (PDF). 2010-04-01. Archived from the original (PDF) on 2012-03-13. Retrieved 2011-07-18.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.