NEW YORK, Nov. 3, 2017 /PRNewswire/ -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of RE/MAX Holdings, Inc. ("RE/MAX" or the "Company") (NYSE: RMAX). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/rmax.
The investigation concerns whether RE/MAX and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
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." Consequently, RE/MAX "announced the Company will delay its third quarter 2017 earnings release and conference call pending further work in connection with the internal investigation." Following this news, RE/MAX stock dropped during intraday trading on November 3, 2017.
If you are aware of any facts relating to this investigation, or purchased RE/MAX shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/rmax. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.