Core Points - United Homes Group, Inc. (UHG) is under investigation for potential violations of federal securities laws following the resignation of six board members after the Executive Chairman refused to step down [1][2] - UHG's stock price experienced a significant decline of $2.23, or 52.5%, closing at $2.03 per share on October 20, 2025, impacting investors adversely [3] Company Developments - On October 20, 2025, UHG disclosed the resignation of six board members, which was prompted by the Executive Chairman's refusal to resign and forgo compensation after a strategic review [2] - The investigation by Glancy Prongay & Murray LLP is aimed at protecting the rights of UHG investors who may have suffered financial losses due to these developments [1][4] Legal Context - Glancy Prongay & Murray LLP is a prominent law firm specializing in securities litigation and has a history of successful recoveries for investors [7][8] - The firm encourages individuals with non-public information regarding UHG to consider participating in the SEC Whistleblower Program, which offers rewards for original information leading to successful recoveries [6]
Securities Fraud Investigation Into United Homes Group, Inc. (UHG) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm