NEW YORK CITY, NY AND NEW ORLEANS, LA / ACCESS Newswire / November 12, 2026 / Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until December 8, 2026 to file lead plaintiff applications in a securities class action lawsuit against Millrose Properties, Inc. ("Millrose" or the "Company") (NYSE:MRP), if they purchased or otherwise acquired the Company's securities between February 7, 2025 and October 2, 2026, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of Florida.
What You May Do
If you purchased securities of Millrose as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3614 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-mrp/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by December 8, 2026.
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About the Lawsuit
Millrose and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On October 2, 2026, Hunterbrook Media published a report revealing that, contrary to Millrose's prior representations that it would not enter into any lease agreements, Millrose had purchased an estimated $200 million worth of finished homes from Lennar, its former parent company and largest customer, and was leasing those properties on the rental market. The report further alleged that Millrose appears to be renting those homes at a loss.
On this news, the price of Millrose shares fell $2.10, or 8.5%, from a close of $24.61 on October 2, 2026, to a close of $22.51 on October 5, 2026.
The case is Rubenstein et al v. Millrose Properties, Inc. et al., No. 26-cv-81386.
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About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
>>>For More Information about the case, Click HERE
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
1-833-538-3614
1100 Poydras St., Suite 960
New Orleans, LA 70163
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SOURCE: Kahn Swick & Foti, LLC
View the original press release on ACCESS Newswire