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Millrose Properties shares are trading lower after Citizens downgraded the stock from Market Outperform to Market Perform.

BenzingaBenzinga Newsdesk

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  1. Globenewswire IncNa

    INVESTIGATION NOTICE: Girard Sharp Law Firm Encourages Former Lennar Corporation Investors Who Received Millrose Properties, Inc. (MRP) Shares in February 2025 Spin-Off to Contact the Firm

    Girard Sharp LLP is investigating potential securities claims on behalf of former Lennar Corporation investors who received Millrose Properties, Inc. shares in a February 2025 spin-off. Millrose's stock price has declined significantly since the spin-off completion, prompting the law firm to seek affected investors for a class action lawsuit.

  2. Globenewswire IncBlock & Leviton Llp

    MRP INVESTIGATION: Millrose Properties Investigated for Securities Fraud by Block & Leviton; MRP Investors Should Contact the Firm

    Block & Leviton is investigating Millrose Properties for potential securities fraud, alleging the company misled investors about its business dealings with Lennar. A report claimed Millrose purchased approximately $200 million of finished Lennar homes at above retail prices and is renting them at a loss. The stock declined following the report and a subsequent analyst downgrade.