Friday, February 12, 2016

Chastened Toll Bros. seeks securities lawyer

After $16M shareholder settlement

Chastened Toll Bros. seeks securities lawyer


Two weeks after Toll Bros. and its top officers agreed to pay shareholders $16 million to settle a lawsuit alleging they had misled investors about the company's past financial prospects, the Horsham-based homebuilder has posted a Help-Wanted ad that seems designed to make sure its future signals don't get crossed -- or at least meet the government's standards for shareholder communications:

"Toll Brothers, Inc., the nation's leading builder of luxury homes, seeks an SEC Attorney with in-house public company and large law firm experience and superior academic credentials.

"This is an excellent opportunity to one of the nation's most respected companies!...

"Strong securities law background and extensive experience with the drafting and review of public company filings, including proxy statements and periodic reports, are required, as are corporate governance and executive compensation experience and knowledge of Delaware corporate law.

"Eight to ten years of combined law firm or in-house experience are required. We offer a highly competitive compensation package. Come and see why Toll Brothers has been attracting and retaining some of the best professionals in the industry!"

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About this blog

PhillyDeals posts interviews, drafts and updates that Joseph N. DiStefano writes alongside his Sunday and Monday columns and ongoing articles about Philadelphia-area business.

DiStefano studied economics, history and a little engineering at Penn. He taught writing and research at St. Joe’s. He has written for the Inquirer since 1989, except when he left a few times to work at Bloomberg and elsewhere. He wrote the book Comcasted, and raised six kids with his wife, who is a saint.

Reach Joseph N. at, 215.854.5194, @PhillyJoeD. Read his blog posts at and his Inquirer columns at Bloomberg posts his items at NH BLG_PHILLYDEAL.

Reach Joseph N. at or 215 854 5194.

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