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Company: KB Home
Current Parent Company:
KB Home
Parent at the Time of the Penalty Announcement:
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Penalty: $2,000,000
Year: 2005
Date: August 3, 2005
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: KB Home, a California-based homebuilder formerly known as Kaufman and Broad, Inc., agreed to pay a $2 million civil penalty to settle charges that it violated the terms of a 1979 consent order concerning home repair warranties.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: construction and engineering
Specific Industry of Current Parent: homebuilding
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.