United Homes Group, Inc.
Securities Class Action
Company Name: United Homes Group, Inc. (UHG)
Download ComplaintMay 19, 2025 - February 22, 2026
June 9, 2026|42 days left
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Allegations
On October 20, 2025, the Company announced that its Special Committee “unanimously” concluded that “continuing to execute on the Company’s strategic plan as an independent, public company is in the best interests of the Company and its stockholders at this time,” and that the entire Board of Directors, except for United Homes Founder Michael Nieri, had resigned after Nieri did not agree to “fully empower” management to execute strategic plan, to resign as Executive Chairman, and to “forego any remaining cash compensation to which he would be entitled under his existing employment agreement”. On this news, United Homes’ stock price fell $2.23 per share, or 52.46%, to close at $2.03 per share on October 20, 2025, on unusually heavy trading volume. Then, on November 6, 2025, United Homes announced its financial results for the third fiscal quarter of 2025, disclosing discussions with various stakeholders concerning “the pressing need to identify replacement directors” and announcing quarterly revenue of $90.8 million, a decrease of 23% year over year. On this news, United Homes’ stock price fell $0.11 per share, or 7.6%, to close at $1.34 per share on November 6, 2025, on unusually heavy trading volume. Then, on February 23, 2026, United Homes announced it agreed to be acquired by Stanley Martin Homes in an all-cash transaction of approximately $221 million, or $1.18 per share, which represented an over 50% discount on the last closing price preceding the announcement. On this news, United Homes’ stock price fell $1.23 per share, or 51.68%, to close at $1.15 per share on February 23, 2026, on unusually heavy trading volume
Lead Plaintiff
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