Statement by Lennar Corp. in Response to Media Inquiries

MIAMI--(BUSINESS WIRE)--Lennar Corp. today made the following statement:

Today convicted felon Barry Minkow, acting as an agent for a disgruntled litigant, Nicolas Marsch III, posted false and inflammatory accusations concerning Lennar. Marsch's civil litigation against Lennar was just dismissed by a California Superior Court judge. This Internet posting was hurriedly made only after evidence surfaced this week in litigation that Marsch and Minkow may have attempted to illegally obtain information relating to Marsch's legal proceedings against Lennar. Lennar continues to investigate acts of wrongdoing by Marsch and Minkow.