Kirby McInerney LLP Commences Investigation on Behalf of RE/MAX Holdings, Inc. Investors
13 Novembre 2017 - 4:53PM
Business Wire
Kirby McInerney LLP (“KM”) announces an investigation on behalf
of RE/MAX Holdings, Inc. (“RE/MAX” or the “Company”) (NYSE:RMAX)
investors concerning possible violations of federal securities laws
by the Company and its officers. To obtain information or aid in
the investigation, please visit our website
at www.kmllp.com.
On November 2, 2017, RE/MAX revealed that a special committee
had been appointed by its board of directors “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.” On November 9,
2017, RE/MAX confirmed that, due to the internal investigation, the
Company’s third quarter 2017 earnings release and conference call
would be delayed.
On this news, RE/MAX’s shares fell from $66.70 to $52.65, a
decline of $14.05 per share on November 3, 2017.
If you purchased or otherwise acquired shares of RE/MAX and
would like more information pertaining to the investigation, you
may contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600,
or by email at telrod@kmllp.com, to discuss your rights without any
cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, whistleblower, and consumer
litigation. The firm’s efforts on behalf of shareholders in
securities litigation have resulted in recoveries totaling billions
of dollars, and the firm’s achievements and quality of service have
been chronicled in numerous published decisions. Additional
information about the firm can be found at Kirby McInerney LLP’s
website: http://www.kmllp.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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Kirby McInerney LLPThomas W. Elrod,
Esq.212-371-6600https://www.kmllp.comtelrod@kmllp.com
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