BBX CAPITAL CORPORATION (NYSE:BBX) Files An 8-K Other Events
BBX Capital Corporation (BBX Capital)announced thatafter a six
week trial a federal jury has rendered a verdict on all counts in
favor of a wholly owned subsidiary of BBX Capital formerly known
as BankAtlantic Bancorp and Alan B. Levan, BBX Capitals Chairman
and CEO, and against the United States Securities and Exchange
Commission in a case titled In re: Securities and Exchange
Commission v. BankAtlantic Bancorp, Inc. and Alan B. Levan.
On May8, 2017, a press release was issued announcing the jurys
A copy of BBX Capitals press release is filed as Exhibit 99.1
Item9.01 Financial Statements and Exhibits.
99.1Press release of BBX Capital Corporation dated May 8, 2017
About BBX CAPITAL CORPORATION (NYSE:BBX)
BBX Capital Corporation (BBX Capital) is involved in the acquisition, ownership and management of joint ventures and investments in real estate and real estate development projects, as well as investments in operating businesses. The Company operates through three business segments: BBX, Renin and Sweet Holdings. The BBX segment consists of the activities associated with managing the commercial loan portfolio, real estate properties of BBX Capital and its subsidiaries, including BBX Partners, BBX Capital Asset Management, LLC (CAM) and Florida Asset Resolution Group, LLC (FAR). The Renin segment consists of the activities of Renin Holdings, LLC and its subsidiaries (Renin). Renin manufactures interior closet doors, wall decor, hardware and fabricated glass products. The Sweet Holdings segment consists of the activities of BBX Capital’s acquired operating businesses in the confection industry. The Sweet Holdings segment companies manufacture chocolate and hard candy products. BBX CAPITAL CORPORATION (NYSE:BBX) Recent Trading Information
BBX CAPITAL CORPORATION (NYSE:BBX) closed its last trading session at 20.05 with 4,315 shares trading hands.