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4-Traders Homepage  >  Equities  >  Nyse  >  Re/Max Holdings Inc    RMAX

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Glancy Prongay & Murray LLP : Continues Investigation on Behalf of RE/MAX Holdings, Inc. Investors (RMAX)

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11/10/2017 | 07:31pm CET

Glancy Prongay & Murray LLP (“GPM”) continues its investigation on behalf of RE/MAX Holdings, Inc. (“RE/MAX” or the “Company”) (NYSE: RMAX) investors concerning the Company and its officers’ possible violations of federal securities laws. To obtain information or aid in the investigation, please visit the RE/MAX investigation page on our website www.glancylaw.com/case/remax-holdings-inc.

On November 2, 2017, RE/MAX disclosed 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."

On this news, RE/MAX’s shares fell $10.30, or 15.4%, to close at $56.40 on November 3, 2017, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/GPM_LLP.

If you purchased RE/MAX securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


© Business Wire 2017
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Financials ($)
Sales 2017 196 M
EBIT 2017 81,9 M
Net income 2017 26,8 M
Debt 2017 60,5 M
Yield 2017 1,40%
P/E ratio 2017 34,40
P/E ratio 2018 30,09
EV / Sales 2017 4,93x
EV / Sales 2018 4,87x
Capitalization 907 M
Chart RE/MAX HOLDINGS INC
Duration : Period :
Re/Max Holdings Inc Technical Analysis Chart | RMAX | US75524W1080 | 4-Traders
Technical analysis trends RE/MAX HOLDINGS INC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Average target price 60,9 $
Spread / Average Target 19%
EPS Revisions
Managers
NameTitle
David L. Liniger Chairman & Co-Chief Executive Officer
Adam M. Contos Co-Chief Executive Officer
Geoffrey D. Lewis President
Serene Smith Chief Operating Officer
Karri R. Callahan Chief Financial Officer
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