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

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Re/Max : RM LAW Announces Investigation of RE/MAX Holdings, Inc.

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11/21/2017 | 01:12am CET

BERWYN, Pa., Nov. 20, 2017 /PRNewswire/ -- RM LAW, P.C. has commenced an investigation into potential securities law violations by certain officers of RE/MAX Holdings, Inc. ("RE/MAX" or the "Company") (NYSE: RMAX).

If you purchased shares of RE/MAX and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here.

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.

For more information regarding this, please contact RM LAW, P.C. (Richard A. Maniskas, Esquire) toll-free at (844) 291-9299 or by email at [email protected] or click here. For more information about class action cases in general or to learn more about RM LAW, P.C. please visit our website by clicking here.

RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

    CONTACT:                          RM LAW, P.C.

                                      Richard A. Maniskas, Esquire

                                      1055 Westlakes Dr., Ste. 3112

                                      Berwyn, PA 19312

                                      484-324-6800

                                      844-291-9299

                                      [email protected]

View original content with multimedia:http://www.prnewswire.com/news-releases/rm-law-announces-investigation-of-remax-holdings-inc-300559855.html

SOURCE RM LAW, P.C.

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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
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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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