United Homes Group Class Action Lawsuit – UHG

The filed complaint alleges that United Homes Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company’s controlling shareholder, Nieri, intended to force a sale of the Company; (2) Nieri was taking actions to devalue the Company and its financial condition; (3) Nieri leveraged his controlling interest to effectuate that sale, including by effectively forcing the dissident directors to resign; and (4) as a result of the foregoing, Nieri was not acting in the best interests of the Company and public investors.