BOSTON, Nov. 3, 2017 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether RE/MAX Holdings, Inc. ("RE/MAX" or the "Company") (NYSE: RMAX) and certain of its officers and directors violated federal securities laws, and encourages stockholders who recently acquired their shares to contact the firm.
On November 2, 2017, RE/MAX announced that it would delay its third quarter 2017 earnings release and conference call due to an ongoing internal investigation "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 this news, the Company's stock plunged nearly 22% on November 3, 2017, causing hundreds of millions in losses to investors.
If you recently purchased or otherwise acquired RMAX securities and have questions about your legal rights or possess information relevant to this investigation, you are encouraged to contact attorney Bradley Vettraino at (617) 398-5600, by email at firstname.lastname@example.org, or by visiting www.blockesq.com/remax.
Confidentiality to whistleblowers or others with information relevant to this investigation is assured.
Block & Leviton LLP is a Boston-based law firm representing investors nationwide. The firm's lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 50 years, and have recovered billions of dollars on their behalf. Block & Leviton's investigations into corporate wrongdoing were recently covered by the New York Times.
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Block & Leviton LLP
Bradley J. Vettraino
155 Federal Street, Suite 400
Boston, MA 02110
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