Securities Class Action Filed Against Millrose Properties, Inc. — MRP Investors Encouraged to Contact Kirby McInerney LLP

For best results when printing this announcement, please click on link below: Securities Class Action Filed Against Millrose Properties, Inc. — MRP Investors Encouraged to Contact Kirby McInerney LLP The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Millrose Properties, Inc. (“Millrose” or the “Company”) (NYSE: MRP) securities between February 7, 2025 and October 2, 2026, inclusive (“the Class Period”). If you suffered a loss on your Millrose investments, you have until December 8, 2026 to request lead plaintiff appointment.

com) to discuss your rights or interests in the securities fraud class action lawsuit at no cost. What Is This Lawsuit About?

The lawsuit alleges that Millrose made false and/or misleading statements and failed to disclose that: (i) despite representations to the contrary, Millrose’s objectives were not limited to engaging in land purchases, horizontal development, and homesite option purchase arrangements for Lennar and potentially other homebuilders and developers; (ii) despite representations to the contrary, Millrose would in fact enter into lease agreements and would have tenants in its properties; (iii) Millrose would purchase $200 million worth of properties from Lennar Corporation (“Lennar”); and (iv) Millrose would lease the properties purchase from Lennar out at a loss.

On October 2, 2026, Hunterbrook Media LLC issued a report entitled “Exclusive: Lennar’s Big New Customer Is Its Own Spinoff, Millrose,” revealing that Millrose, the spinoff company that Lennar created in 2025 to hold its land, purchased $200 million worth of finished homes from Lennar, an entity that controls Millrose, with the intent of leasing those properties on the rental market. The report stated, “The nation’s second-largest homebuilder is struggling to sell houses. So it found a buyer it previously owned: Millrose Properties, which gets most of its revenue from Lennar and counts Lennar’s CEO as its largest voting shareholder.

” Millrose previously stated in its annual report that it would not “have any tenants or occupants” on its properties. The report states that “the purchases arrived just when Lennar needed them” and that “these sales were the difference between meeting and missing [its delivery forecast],” as Millrose purchased 356 homes in the last week of Lennar’s third quarter 2026, and Lennar beat its delivery forecast by 340 homes. Notably, Lennar was responsible for 72% of Millrose’s revenue last quarter and Lennar CEO Stuart Miller is Millrose’s largest voting shareholder, with a 43% share. 51 on October 5, 2026.

[LEARN MORE ABOUT THE LAWSUIT ] The Lead Plaintiff Appointment Process. The federal securities laws permit any investor who acquired eligible securities during the class period to seek appointment as lead plaintiff in a class action lawsuit. Courts do not consider lead plaintiff applications submitted after the relevant deadline. If you choose to take no action, you may remain an absent class member.

Learn more about the lead plaintiff process and eligibility requirements here ( ). Courts typically appoint the investor(s) with the largest financial loss in the case and the ability to represent the class rather than investors with simply the largest investment portfolio. Courts regularly appoint individual investors, whether acting alone or as a group, as lead plaintiffs. The rights of any investor who bought shares during the class period are generally already protected.

However, lead plaintiffs have the power to influence case strategy and have a say in settlement decisions, as well as decisions concerning allocation of settlement funds among class members. [LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS ] What Should I Do? com), or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost. Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.

The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found on Kirby McInerney LLP’s website This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. com: Kirby McInerney LLP Lauren Molinaro, Esq. com)