MRP INVESTIGATION: Millrose Properties Investigated for Securities Fraud by Block & Leviton; MRP Investors Should Contact the Firm

BOSTON, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Millrose Properties (NYSE: MRP) for potential securities law violations. Investors who have lost money in their Millrose Properties investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/mrp.

What is this all about?

Block & Leviton is investigating whether Millrose Properties and certain of its executives may have misled investors about the company's business and its dealings with Lennar, the homebuilder from which Millrose was spun off and its largest customer. On October 2, 2026, Hunterbrook Media published a report alleging that, contrary to the plans described in its initial SEC filings, Millrose had bought an estimated $200 million of finished Lennar homes in about a month, reportedly more than 700 homes. The report also alleged that Millrose paid above retail prices and is renting the homes out at what appears to be a loss compared with its own borrowing costs. Millrose's stock fell after the report and declined further on October 5, 2026, when an analyst downgraded the shares, citing uncertainty over the company's shift toward buying build-to-rent homes from Lennar.

Who is eligible?

Anyone who purchased Millrose Properties common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at shareholders@blockleviton.com, or by phone at (888) 256-2510.

Whistleblower?

If you have non-public information about Millrose Properties, you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at whistleblowers@blockleviton.com or by phone at (888) 256-2510.

Why should you contact Block & Leviton?

Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, call (888) 256-2510 or email shareholders@blockleviton.com with any questions.

This notice may constitute attorney advertising.

CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (888) 256-2510
Email: shareholders@blockleviton.com