Haeggquist & Eck Investigates Breach of Fiduciary Duties by RE/MAX Officers & Directors Regarding Unlawful Employment Practic...
08 Janvier 2018 - 3:00PM
Business Wire
Haeggquist & Eck, LLP, a leading shareholder rights
litigation firm, is investigating whether certain directors and
officers of RE/MAX Holdings, Inc. (“REMAX” or the “Company”) (NYSE:
RMAX) breached their fiduciary duties to the Company and its
shareholders. If you are a REMAX Healthcare shareholder, you are
encouraged to contact Haeggquist & Eck for additional
information.
RE/MAX is a franchisor of real estate and mortgage brokerage
services in the United States, Canada, and globally.
On November 2, 2017, RE/MAX revealed 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.”
Accordingly, the Company announced that it would delay its third
quarter 2017 earnings release and conference call pending further
work in connection with this internal investigation. On this news,
RE/MAX stock dropped $10.30, or 15.4%, to close at $56.40 on
November 3, 2017
What You Can Do
If you are a REMAX shareholder, you may have legal claims
against REMAX’s directors and officers. If you wish to discuss this
investigation, or have questions about this notice or your legal
rights, please call attorney Amber Eck at 619-342-8000 or e-mail
her at ambere@haelaw.com. There is no cost or obligation to
you.
Haeggquist & Eck, LLP is a nationally recognized leader in
shareholder rights law. The firm represents individual investors in
shareholder derivative lawsuits, and members of the firm have
helped shareholders recover more than $1 billion of value for
themselves and the companies in which they have invested.
This release constitutes attorney advertising. Past results do
not guarantee a similar outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20180108005344/en/
Haeggquist & Eck, LLPAmber Eck,
619-342-8000ambere@haelaw.com
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