NYSE:DHIConsumer Durables
D.R. Horton Faces Plumbing Claims While Relying On Expanded Credit Capacity
Georgia homeowners filed an arbitration complaint alleging D.R. Horton (NYSE:DHI) sold new homes with defective PEX plumbing that led to leaks and water damage.
The filing claims D.R. Horton repaired some affected homes but did not alert all potentially impacted owners.
Similar plumbing related complaints and legal actions are reported in multiple states, suggesting the issue may extend beyond Georgia.
D.R. Horton is a major U.S. homebuilder focused on constructing and selling new...