{"id":19722,"date":"2021-09-19T06:20:48","date_gmt":"2021-09-19T11:20:48","guid":{"rendered":"https:\/\/www.manufacturedhomepronews.com\/masthead\/?p=19722"},"modified":"2021-09-20T15:29:48","modified_gmt":"2021-09-20T20:29:48","slug":"project-saturn-code-name-monarch-sec-v-cavco-stegmayer-et-al-federal-suit-revelations-about-cavco-skyline-champion-other-manufactured-housing-brands-apparen","status":"publish","type":"post","link":"https:\/\/www.manufacturedhomepronews.com\/masthead\/project-saturn-code-name-monarch-sec-v-cavco-stegmayer-et-al-federal-suit-revelations-about-cavco-skyline-champion-other-manufactured-housing-brands-apparen\/","title":{"rendered":"\u201cProject Saturn,\u201d Code Name \u201cMonarch\u201d SEC v. Cavco, Stegmayer, et al. Federal Suit Revelations About Cavco, Skyline-Champion, Other Manufactured Housing Brands, Apparent Monopolization Scheme Involving Manufactured Housing Institute Members"},"content":{"rendered":"

\"NewCavcoIndustriesLogo2021SecuritiesExchComLogoMastProjectSaturnCodeNameMonarchSECvCavcoStegmayerUrnessCavcoUMH-NOBH-DVLY-SkylineChampSKYmonopoolySchemeManufacturedHousingInst\"<\/a><\/p>\n

“Project Saturn<\/strong><\/span>.” Code Name \u201cMonarch.<\/strong><\/span>\u201d These and other cloak-and-dagger terms where used by Joseph \u201cJoe\u201d Stegmayer, Daniel \u201cDan\u201d Urness and apparently others at Cavco Industries (CVCO), per the Securities and Exchange Commission (SEC) case pleadings. The evidence of apparent illegal insider trades<\/em> at Cavco Industries (CVCO) and related corruption, per the SEC complaint pleadings found herein, went under those and various other code names that will be found below. Despite the announcement that the SEC has finally filed charges against Cavco Industries (CVCO), former Chairman and CEO Stegmayer, and former CFO and briefly Cavco President and acting CEO Urness, there is on this date a widespread near blackout of that news by industry bloggers and other so-called trade media that claim to be serving manufactured housing professionals. Readers can find mention of the new Cavco logo (yawn), which conveniently was rolled out by the company shortly after the SEC complaint was made public. You can find references to the publicly traded Phoenix, AZ based firm hiring Allison K. Aden as Executive Vice President (EVP) and Chief Financial Officer (CFO), another sleepy-time-tea publishing move. \u00a0But recently documented information about illegal insider trading? About apparent efforts that the complaint provides that are further evidence of an aim to monopolize key segments of HUD Code manufactured housing? Such serious subjects that may actually impact professionals, investors, as well consumers and taxpayers in a meaningful way.\u00a0 They can best or only be found on MHLivingNew<\/em>s and here on MHProNews. <\/em><\/p>