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Corporate

Nov. 15, 2006

KB Home Officers Leave After Backdating Probe

SAN JOSE - The chief legal officer at Los Angeles-based KB Home resigned Sunday along with the homebuilding company's chief executive officer after a special board investigation of options backdating.

By Craig Anderson
Daily Journal Staff Writer

      SAN JOSE - The chief legal officer at Los Angeles-based KB Home resigned Sunday along with the homebuilding company's chief executive officer after a special board investigation of options backdating.
      Richard B. Hirst, KB Home's executive vice president and top in-house lawyer, resigned along with CEO Bruce Karatz, who was identif...

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