According to editor and reporter Ben Whedon for Just the News: “America First Legal announced on Tuesday that it had filed a lawsuit against retail giant Target for allegedly misleading shareholders with false statements about its political/social risk monitoring.” Their article’s subheading said: “At issue is a recent multi-billion loss stemming from a consumer boycott in response to the company’s featuring Pride merchandise marketed toward children in June.” This evidence- and fact-packed article will weave several seemingly different items together which shed light on what’s been called “lawfare” in America. In the analysis and commentary section of this report there will be examples of how this sheds light on manufactured housing connected challenges.

Part I

/1🚨BREAKING — we filed a shareholder lawsuit against @Target in federal court over its misleading statements to shareholders about monitoring political/social risks, resulting in a $12B loss due to its recent promotion of queer/transgender propaganda to children.

Keep reading:

— America First Legal (@America1stLegal) August 8, 2023

/2 In its 2022 and 2023 Proxy Statements, Target assured shareholders and investors that the Board was monitoring for social and political issues and risks arising from the company’s ESG mandates.

— America First Legal (@America1stLegal) August 8, 2023

/3 However, management only cared whether its leftist “stakeholders” were satisfied, disregarding the possibility that its customers and shareholders might feel differently.

— America First Legal (@America1stLegal) August 8, 2023

/5 This reckless move predictably caused more than a $12 billion collapse in share value — its largest loss in over 20 years. pic.twitter.com/NyXm6xqvh2

— America First Legal (@America1stLegal) August 8, 2023

/6 This is not the first time Target’s management has used shareholder funds to virtue signal to leftist extremists, heedless of the consequences for the corporation’s brand, customers, and shareholders.

— America First Legal (@America1stLegal) August 8, 2023

/8 After a massive backlash, CEO Brian Cornell reportedly admitted to Target staff that “Target didn’t adequately assess the risk” and that “the ensuing backlash was self-inflicted.” pic.twitter.com/MWpWGH4X9T

— America First Legal (@America1stLegal) August 8, 2023

/10 Target has also adopted “supplier diversity” targets, including a majority of collections to be made by “LGBTQIA+ creators and brands” in 2022, and engaged in the odious and illegal practice of race-based hiring by adopting a plan to increase its “representation of Black team… pic.twitter.com/K6RVMmKOsM

— America First Legal (@America1stLegal) August 8, 2023

/12 For far too long, large corporations have recklessly pandered to the left and “bent the knee” to serve the woke elites.

Today, on behalf of our client, America First Legal is saying enough is enough. https://t.co/Bt148v56An

— America First Legal (@America1stLegal) August 8, 2023

Whedon wrote the following.

“Target’s management has misled investors, assuring them that the corporation oversees social and political issues and risks to protect shareholders,” AFL stated. “Behind closed doors, Target works for its extremist hard-left ‘stakeholders’ at the expense of its customers and shareholders.” …

“In its 2022 and 2023 Proxy Statements, Target assured shareholders and investors that the Board was monitoring for social and political issues and risks arising from the company’s ESG mandates,” AFL tweeted. “However, management only cared whether its leftist ‘stakeholders’ were satisfied, disregarding the possibility that its customers and shareholders might feel differently.”

“In May 2023, Target embraced the radical transgender agenda with its ‘Pride’ marketing and sales campaign,” it continued. “The collection included clothing for children with rainbow symbols, LGBT-themed bibs and onesies for babies, and ‘tuck-friendly’ bathing suits for ‘transgender women.'”

“This reckless move predictably caused more than a $12 billion collapse in share value — its largest loss in over 20 years,” AFL asserted. The group then cited prior controversies involving the retailer’s decision to permit customers to use restrooms that correspond with their gender identity rather than their biological sex.

“For far too long, large corporations have recklessly pandered to the left and ‘bent the knee’ to serve the woke elites. Today, on behalf of our client, America First Legal is saying enough is enough,” the statement concluded.

Whedon concluded by stating: “The suit comes amid a broader backlash against companies taking socially progressive political stances and adopting so-called “woke” corporate practices. Bud Light, for instance, recently faced a substantial boycott in response to a disastrous marketing partnership with transgender influencer Dylan Mulvaney.”

Part II

Additional Information with More MHProNews Analysis and Commentary 

According to the Collins Dictionary: “lawfare is the use of legal action to cause problems for an opponent.” While the term is used by some with respect to international relations, lawfare just as clearly has domestic application too.

Cornelia Woll, Ph.D., in a documented posted on 3 March 2021 to the New York University website featured an excerpt from a book entitled “Economic Lawfare: The Geopolitics of Corporate Justice.” Woll laid out evidence for what she states are trends in how corporate wrongdoing is being enforced. Woll wrote the following.

At the ten-year anniversary of the fall of Lehman Brothers the New York Times published an article entitled “The CEOs of Wall Street Sent to Jail“.¹ Publicly denouncing what is largely
incomprehensible to the general public, the entire page under the title was left blank. For an episode that has affected the lives of millions and created severe economic consequences for
thousands of victims, the lack of criminal prosecution is indeed striking.² Not only had global financial institutions proven to be “too big to fail”, they now appear to have been “too big to jail”.³ Neither the market had disciplined corporate behavior through its ultimate punishment – bankruptcy – nor the legal system through trial and conviction. In the eyes of many, recent events demonstrated what they had long suspected: that big corporations are above the laws of both markets and states.

Diving deeper into the aftermath of the financial crisis reveals a more complicated story. Prosecutors across the country did not simply turn a blind eye to corporate crime. Quite on the contrary, the Department of Justice was under high pressure to make large financial institutions accountable for negligence, mismanagement, fraud or other criminal activities that caused the near collapse of the entire economy. Responding to public outcry over greed and undue privilege, the government’s intention was no different in 2009 than in had been after earlier financial crises, where the boom and the bust was followed by a crackdown, additional regulation and judicial consequences. After the savings and loans crisis, more than 1100 managers and executives from failed banks were prosecuted in the 1990s, leading to a total of 839 convictions.⁴ Sentences were far from negligible, including prison time and considerable financial fines. ⁵”

According to Woll: “What had changed in the last decades was not the desire to seek retribution, but the difficulty in winning corporate prosecutions.”

“Targeting individuals in highly complex organizations is a challenge for prosecutors. White-collar crime typically requires understanding a specific firms’ business activities, their internal organization and competition. What is more, one needs to connect misconduct within the corporations to individuals which can be held accountable. Precisely this has gotten more and more difficult, as judges interpreted the law increasingly in favor of corporate and executive rights, narrowed white-collar criminal statues and overturned prosecutors in a series of white-collar cases since the turn of the century.⁶ Between 1995 and 2016, the share of white-collar crime prosecutions at the federal level fell from 17,6% to 9,6%.7 Organizational sentences dropped to an all-time low in 2019. Tellingly, 94,6% of all convicted organizational defenders had plead guilty.⁸ After a series of fiascos and losses in court, prosecutors continued to tackle corporate criminality, but apparently focused on easy cases in recent decades. James Comey referred to such prudent prosecutors as “the chickenshit club”. Freshly appointed as US attorney for the Southern District of Manhattan in 2002, he tried to push back by encouraging his team to bring cases even if they are not likely to win.⁹ What Comey did not foresee, however, was an alternative route to corporate prosecution that opened up at roughly the same period: negotiated settlements. Taken together, the difficulty in bringing corporate cases and the attractiveness of settlements profoundly transformed the Department of Justice’s approach to corporate criminal prosecutions within less than twenty years.”

Be the above as it may, one can certainly consider that assertion by Woll in the light of the Cavco Industries case brought by the Securities and Exchange Commission (SEC).

Perhaps another possible element in support of Woll’s thesis is that what emerged from the SEC case vs. Cavco were settlements.  It included 7 figure settlements, to be sure. But nevertheless, settlements were the outcome.

Among Woll’s footnoted items above, which are shown below, was a report that makes clear that there was at least one top executive that served time as a result of 2008 financial crisis related legal issues. While each items is noteworthy, see footnote 7 below to clarify the point that someone did ‘do time’ among corporate officials for their role in the 2008 financial crisis. Note too footnote #9 and “The Chickenshit Club.”  More on that further below.

1) Anonymous, “The C.E.O.s of Wall Street Sent to Jail,” New York Times, 16 2018.
2) Henry N. Pontell, William K. Black, and Gilbert Geis, “Too Big to Fail, Too Powerful to Jail? On the Absence of Criminal Prosecutions after the 2008 Financial Meltdown,” Crime, Law and Social Change 61, no. 1 (February 1, 2014): 1–13; Robert Quigley, “The Impulse towards Individual Criminal Punishment after the Financial Crisis,” Virginia Journal of Social Policy & the Law 22 (2015): 103.

3) Brandon L. Garrett, Too Big to Jail: How Prosecutors Compromise with Corporations (Cambridge, MA: Harvard University Press, 2014).

4) Home page of the Special Inspector General for the Troubled Asset Relief Plan www.sigtarp.gov; Jesse Eisinger, “Why Only One Top Banker Went to Jail for the Financial Crisis,” The New York Times, April 30, 2014.

5) To cite just one example, Charles H. Keating, one of the most emblematic cases, was sued for $1,1 billion and served a prision time of 4,5 years. Robert D. McFadden, “Charles Keating, 90, Key Figure in ’80s Savings and Loan Crisis, Dies,” New York Times, April 2, 2014, www.nytimes.com/2014/04/02/business/charles-keating-key-figurein-the-1980s-savings-and-loan-crisis-dies-at-90.html.

6) Buell, Samuel W, Capital Offenses: Business Crime and Punishment in America’s Corporate Age (New York, N.Y.: W.W. Norton & Company, 2016); Jennifer Taub, Big Dirty Money: The Shocking Injustice and Unseen Costs of White Collar Crime (New York, N.Y.: Viking, 2020).

7) Eisinger, “Why Only One Top Banker Went to Jail for the Financial Crisis.”

8) Organizational sentences concern collective undertakings such as companies, trade unions or associations. They have always been rare in absolute numbers and decreased from 252 cases in 1996 to 99 in 2018. United States Sentencing Commission, “Fiscal Year 2018: Overview of Federal Criminal Cases” (June 2019), www.ussc.gov/sites/default/files/pdf/research-and-publications/researchpublications/2019/FY18_Overview_Federal_Criminal_Cases.pdf.

9) Jesse Eisinger, The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives (New York: Simon and Schuster, 2017).

More from Woll –  “The evolution of corporate criminal enforcement”

One readily compares corporate criminality with individual crimes, but not only the fictious nature of corporate personhood sets them apart. Companies are economic actors, whose life cycle is defined by the rules of the market. A company can die, as a manner of speaking, by becoming insolvent. Sentences for corporate crime can include the withdrawal of a company’s license, but the severity of financial fines can indirectly produce the same result: forcing a company into bankruptcy. According to the Organizational Sentencing Guidelines, the severity of punishment has to be proportionate to the seriousness of the crime, the offender’s culpability and the history of misconduct. In the most serious criminal cases, the preamble of the guidelines states, “the fines should be set sufficiently high to divest the organization of all of its assets.”¹⁰ Indeed, a look at the overall trends reveals that one-third to one half of all sentenced companies are unable to pay the entire fine.^11”

…Over the last twenty years, the US Department of Justice has sought to find ways to do justice in corporate criminality all the while being mindful of the economic impact of their activities.¹³”

10) United States Sentencing Guidelines, §8, www.ussc.gov/guidelines/2018-guidelines-manual/annotated-2018- chapter-8.

11) Jennifer Arlen, “Corporate Criminal Liability: Theory and Evidence,” in Research Handbook on the Economics of Criminal Law, ed. Alon Harel and Keith Hylton (Cheltenham, U.K.: Edward Elgar, 2012), 148.

13) Buell, Samuel W, Capital Offenses: Business Crime and Punishment in America’s Corporate Age.

Note that “a company can die” is a point that controversial Democratic candidate for is party’s nominee for president, Robert F. Kennedy Jr. has raised. RFK Jr has at times argued that companies ought to be subject to a kind of corporate death penalty, which Woll described as “Sentences for corporate crime can include the withdrawal of a company’s license.”

So, there is the potential to ‘kill’ a company formally or financially.

The company and individual offenders are both liable for business crimes under American law, which embraces the doctrine of respondeat superior. Latin for “let the master answer”, the principle states that a company and its executives can be liable for actions of low-level employees. Corporate criminal liability was established precisely to encourage management to effectively monitor lawful behavior within their companies. This was the reasoning behind the Supreme Court decision New York Central & Hudson River Railroad v. United States in 1909, which argued that the respondeat superior principle will ensure oversight and measures within the organization to prevent wrongdoing by individuals.

De jure, firms can thus be held accountable for employees’ actions even if the firm has not benefited financially from the acts, has an explicit policy against the criminal activity or an effective compliance program, or has self-reported the activity. Although this regime formally covers all firms, it is most strictly applied to closely held firms, especially when the crime is committed by owner-managers. Larger firms characterized by a separation between ownership and management are de facto under a “duty-based liability regime”, where prosecutors expect firms to cooperate in monitoring and enforcement efforts and reserve criminal liability for those corporations that fail to do so.¹⁴ Corporate criminal liability covers a broad range of issues, from fraud, bribery, antitrust law and sanction violations to food and drug violations and environmental crimes. In 1991, John C. Coffee estimated that the number of regulatory statutes carrying criminal penalties was at around 300 000, a figure most likely to be even larger today.¹⁵ Regulatory agencies will thus work with the Department of Justice to deal with cases that concern criminal offenses.¹⁶” …

“Unfortunately, the societal impact of the evolution is disturbing. “Our justice system is broken”, summarizes Eisinger.⁷¹ As judges and juries are sidelined, outcomes are shaped by everything we know weighs on social interactions – power, economic resources, social ties, as well as explicit and implicit biases. Negotiations are unequal, within the realm of corporate criminality and within society as a whole. In the country with the highest incarceration rate in the world, the parallel is easily made: “the poor sign plea bargains and go to jail; the privileged sign deferred-prosecution agreements and avoid it.”⁷² Criminal enforcement is in the limelight for failing to protect citizens against the abuse of power by big corporations.”

Additional Evidence: Insights on “The Chickenshit Club” by Pulitzer Prize-Winning Journalist Jesse Eisinger

Left-leaning NPR said the following as part of their review of “The Chickenshit Club” by Jesse Eisinger. Recall that Woll pointed to infamous James Comey and his use of that phrase.

The Chickenshit Club, the latest book from Pulitzer Prize-winning journalist Jesse Eisinger, unravels a culture of cowardice, incompetence and corruption — one that has allowed the FBI, the Securities and Exchange Commission, and above all the Department of Justice to flounder in their efforts to hold not only the government, but America’s financial institutions, accountable for their crimes.”

Lanny Breuer, a former assistant attorney general for the Criminal Division of the DOJ, is portrayed as a showboater who, along with his boss Eric Holder, backed down from major fights against financial institutions out of a fear of political and popular fallout should they fail. As Eisinger notes, “Those who fought hard against the large corporations incurred costs, not rewards” — a frightening assessment that, while not surprising, reinforces the widely held perception that America’s corporate elite have maneuvered themselves into a position of relative untouchability.”

NPR did not underscore the point that Holder was the attorney general during the administration of President Barack Obama (D) and then Vice President Joe Biden (D).  Then and now during the Biden Administration, there has been plenty of posturing about holding corporate powers to account by federal officials. But when the smoke and mirrors are accounted for, what emerges is often a picture of what Woll described, as was shown above. Namely, fines or a hall pass for corporate wrongdoing.

Despite years of talk about antitrust by certain Democratic Party leaders, when the opportunities were given to Obama and Biden and their Democratic party-controlled Congress, where was the action to back up their words about taking on the corporate powerhouses? Partially with that in mind, attorney-turned award-winning journalist Glenn Greenwald’s focused observations reviewed in the latest Masthead post, linked below, is of importance on several fronts.

Woll has a point that is not to be ignored. As a possible example of how her contention matters, recall the following incident reported by MHProNews during the most recent Berkshire Hathaway annual meeting. As informed manufactured housing professionals know, Warren Buffett led Berkshire is the parent company to Clayton Homes, 21st Mortgage Corporation, Vanderbilt Mortgage and Finance (VMF) and other manufactured housing industry connected companies.

National Legal and Policy Center (NLPC) Moves on Warren Buffett-Berkshire Hathaway at SEC and Two Leftwing ‘Disinformation’ Nonprofits with Complaints at IRS; plus MHVille Markets Update

Scandalous! Charges Dropped v Peter Flaherty, Shareholder in Warren Buffett led Berkshire Hathaway who Cited Bill Gates-Jeffrey Epstein Links-Questioned Nonprofit Donations; plus MHMarkets Update

While the second report linked above reflects what might be viewed as an ‘all’s well that ends well’ view of the dustup that arguably drew too little mainstream media attention, it can also be seen as an exercise of corporate influence and power in local law enforcement as well as national affairs by Buffett and others in his orbit.

Someone might look at Wool’s evidence and thesis and feel that ‘slap on the wrist’ is the most that the powerful get. Some in MHVille may also recall the role that Buffett-supported Sierra Club played in the ongoing struggles the industry faces with respect to the pending onerous and purportedly costly Department of Energy (DOE) rule for manufactured housing.  That Sierra Club suit is arguably an example of “lawfare” deployed by the left and their left-leaning corporate allies.

That said, for a more balanced and well-rounded picture, it also must be recalled that Theranos executives did finally end up in prison. The 2022 conviction is evidence that the system can still work.

But Theranos is also an example of the ever-more apparent ways that “the Illusory Truth” effect works. To Greenwald’s point about anti-establishment may be more important than left vs. right, recall that politicos Obama (D), Bush (R), and Biden (D) are among those who have played the game with corporate leaders who later fell from grace.

As this article was being prepared, Reuters reported that on August 14, 2023 that: “UBS (UBSG.S) agreed to pay $1.435 billion to settle U.S. charges that the Swiss lender misled investors into buying troubled mortgage securities, concluding an industrywide probe into a root cause of the 2008 global financial crisis.” The UBS settlement demonstrates that the financial figures can be quite high, but to Woll’s point, it was still ‘a settlement’ rather than a full-throated prosecution.

On 8.12.2023, left-leaning CNN reported that: “A judge has revoked former cryptocurrency billionaire Sam Bankman-Fried’s [SBF] bail and sent him to jail. Prosecutors argued he tried to intimidate a key government witness in the case against him.” SBF is reputed to have given some $100 million dollars in campaign contributions, which left-leaning CNBC described as: “an influential donor to mostly Democratic candidates and causes.” So, once again, there is a recent example that at times the system does appear to be working, even with someone as “connected” as SBF.

MHProNews is preparing a special report on the Weaponization of Government and the ever-mounting number of cases against deposed 45th President Donald J. Trump. Watch for it. There will also be a report on the Biden families mounting legal issues. That fact- and evidence packed report may be as soon as later this week.

The battle over ESG – Environmental, Social, and Governance – standards has been a topic on MHProNews for some time. It is one of several instances that remind those in the corporate world that several state-based AG’s and other public officials are willing and able to push back against what Woll has described in her research. So, one takeaway should be that despite Woll’s research, ‘all is not lost.’

‘Alter Conceptual Model of Corporation and Bases of Corporate Law and Corporate Finance Collapse’ Attorney Bruce Abramson Explains Legal, Financial Risks – ‘What is ESG, and Why Should we Care?’

BlackRock Sounds Alarm-Financial Cracks Emerge from Interest Rate Hikes, CEO Larry Fink ‘Polycrisis’-Signals De-Emphasis on ESG ‘Not Environmental Police’ Govs PushBack;plus MHVille Stocks Update

Cavco CEO William “Bill” Boor for MHI to Congress-ESG ‘Distorts Market’ v Roxanne Bland-Martin Lavin – ‘Follow the Money’ ‘Pay More Attention to What People Do Than to What They Say’–Facts-Analysis

The Target suit by America First Legal is a reminder that while the progressive or political left movement arguably got into ‘lawfare’ and the use of nonprofits and foundations to advance agendas well before the political right did, both parties and their backers are aware of and use these methods.

To the point raised by law professor Daniel Mandelker, J.D., that the manufactured home industry needs such a nonprofit, perhaps only MHProNews and MHLivingNews has reported on his insightful point.

Pro-Manufactured Home Law Prof. Daniel R. Mandelker Says ‘Organization Needed for Manufactured Housing Advocates Litigation and Legislative Support’ – plus MHVille’s Sunday Weekly Headlines Recap

To illustrate those points, MHProNews asked Bing’s AI Chat function: ‘Has the Manufactured Housing Institute or any of their trade media allies reported on law professor Daniel Mandelker, J.D. as Manufactured Home Pro News and Manufactured Home Living News have done?’ Bing’s chat replied as follows, with the highlighting added by MHProNews.

Learn more:

1. law.wustl.edu 2. papers.ssrn.com 3. manufacturedhomelivingnews.com 4. manufacturedhousing.org 5. manufacturedhomepronews.com“

Note, it appears that when Bing can’t find evidence, it says: “I’m not sure…”  If something or someone doesn’t fit easily into the MHI narrative, it is MHProNews’ evidence-based view that such people and organizations are routinely absent from their website.

And, of course, you should stick with your only dependable trade media source for authentic, fact- and evidence-based manufactured housing “Industry News, Tips, and Views Pros Can Use” ^© where “We Provide, You Decide.” ^©

Part III. Daily Business News on MHProNews Markets and Headline News Segment

Headlines from left-of-center CNN Business – from the evening of 8.14.2023

• Hawaiian Electric stock plunges 40%
• Downed power lines block a road as people feed chickens outside a burnt home in the aftermath of a wildfire in Lahaina, western Maui, Hawaii on August 11, 2023. A wildfire that left Lahaina in charred ruins has killed at least 67 people, authorities said on August 11, making it one of the deadliest disasters in the US state’s history. Brushfires on Maui, fueled by high winds from Hurricane Dora passing to the south of Hawaii, broke out August 8 and rapidly engulfed Lahaina.
• New lawsuit alleges the company failed to shut power off ahead of strong winds despite knowing the risks
• FDIC Chair Gruenberg calls for tougher regulations on large regional banks
• Biden urges UAW and Big Three automakers to reach deal to avoid strike
• US gas prices climb to highest level in nearly 10 months
• UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
• Biden’s climate law has led to 86,000 new jobs and $132 billion in investment, new report says
• More than 20 million Americans enrolled in a federal program for subsidized internet access
• CBS announces Wendy McMahon to lead news in wake of Neeraj Khemlani stepping down
• Coinbase launches independent pro-crypto policy group
• US Steel rejects buyout offer from rival Cleveland-Cliffs
• We’re going to need a bigger drone: The technology keeping swimmers safe at one New York beach
• Three ways Covid changed the restaurant industry
• Driverless cars stall in San Francisco, causing a brief traffic jam
• CNN announces sweeping new lineup ahead of 2024 election
• Dunkin’ is releasing boozy versions of their iced coffees and teas
• Russia’s ruble hits a 17-month low to the dollar as the Ukraine war bites
• Does it matter to stocks whether the Federal Reserve hikes or pauses rates in September?
• Mark Zuckerberg says ‘it’s time to move on’ from Elon Musk cage fight
• ‘Barbie’ on track to become highest grossing domestic film of the year
• China’s Country Garden suspends trading of onshore bonds amid talk of debt restructuring
• Dozens of news organizations condemn police raid on Kansas newspaper and call for seized materials to be returned
• CBS News Chief Neeraj Khemlani is stepping down from his role
• US Steel receiving acquisition offers as company promises to maximize stockholder value

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below the graphic below or click the image and follow the prompts.

Headlines from right-of-center Newsmax 8.14.2023

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• Pence: ‘Don’t Recall’ If WH Told About Electors
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• • • NOTE 1: Chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
    • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
    • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
    • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.

Cavco Industries – Quarterly Earnings for CVCO to 1st Half of 2023 – Compare what William ‘Bill’ Boor told Investors to What Boor told Congress – ‘Months’ B4 MHC Homes; plus MHVille Market Update

Sun Communities, Inc. (SUI) Reports 2023 Second Quarter and Year-to-Date Results Through June 30, 2023, What CEO Gary Shiffman Did, Didn’t Say; plus MHVille Stocks, REITs Updates

BBB D- Rated Flagship Communities Real Estate Investment Trust Wins Kentucky Manufactured Housing Institute’s Highest Award Second Consecutive Year, Can’t Make This Up; plus MHMarkets Updates

Triad Financial Services Parent ECN Capital Charged by CLC with ‘Foreign Election Interference’ Linking Ron DeSantis Campaign, Triad Pres Mike Tolbert Exclusive Reply to MHIndustry Pros, Others

2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.

 

2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.

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Disclosure. MHProNews holds no positions in the stocks in this report.

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• Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
• Note 2: Manufactured housing, production, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.

That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards, honors and numerous public recognitions for his achievements in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com, which is ranked as the runaway most read trade media in modern manufactured housing history. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.