An investigation for investors in Re/Max Holdings Inc (NYSE:RMAX) shares over potential securities laws violations by Re/Max Holdings Inc was announced.
San Diego, CA -- (SBWIRE) -- 11/28/2017 -- Re/Max Holdings Inc is under investigation over possible violations of securities laws in connection with certain financial statements. The investigation was announced for investors who purchased NYSE:RMAX shares.
Investors who purchased shares of Re/Max Holdings Inc (NYSE:RMAX), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Re/Max Holdings Inc (NYSE:RMAX) concerning whether a series of statements by Re/Max Holdings Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 2, 2017, Re/Max Holdings Inc stated that its board of directors appointed a special committee "to investigate allegations concerning actions of certain members of the Company's senior management including an allegation of a previously undisclosed loan of personal funds from David L. Liniger, the Company's Co-Chief Executive Officer and Chairman, to Adam M. Contos, the Company's Co-Chief Executive Officer, and allegations of wrongdoing in employment practices and conduct." As a result, Re/Max Holdings Inc "announced the Company will delay its third quarter 2017 earnings release and conference call pending further work in connection with the internal investigation."
Those who purchased shares of Re/Max Holdings Inc (NYSE:RMAX) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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