RE/MAX Investor Alert: Hagens Berman Alerts Investors in RE/MAX Holdings, Inc. (RMAX) to Investigation into Potential Violations of Securities Laws and Delayed 3Q 2017 Earnings Release

SAN FRANCISCO, Nov. 3, 2017 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP alerts investors in RE/MAX Holdings, Inc. (NYSE: RMAX) to the firm's investigation into potential securities law violations related to the Company's recent announcement it would delay its earnings release.  If you purchased or otherwise acquired securities of RMAX between July 2017 and November 2, 2017 and suffered losses contact Hagens Berman Sobol Shapiro LLP.  For more information visit:

https://www.hbsslaw.com/cases/RMAX

or contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing

[email protected].

On November 2, 2017, RE/MAX issued its press release attached to Form 8-K announcing it will delay its third quarter 2017 earnings release and conference call pending further work in connection with an internal investigation into actions of senior management.

According to the Company, these actions include (a) an allegation of a previously undisclosed loan of funds from David L. Liniger (Co-Chief Executive Officer and Chairman) to Adam M. Contos (Co-Chief Executive Officer) and (b) allegations of wrongdoing in employment practices and conduct.

This news drove the price of RE/MAX shares down as much as $9.70, or about 14.5%, during intraday trading on November 3, 2017.

"We're focused on RE/MAX's and senior management's apparent omissions concerning Liniger's $2.375 million personal loan to Contos for his residential purchase, whether the omissions violated the securities laws, and resulting damages to investors," said Hagens Berman partner Reed Kathrein.

Whistleblowers: Persons with non-public information regarding RE/MAX should consider their options to help in the investigation or take advantage of the SEC whistleblower program.  Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.  For more information, call Reed Kathrein at 510-725-3000 or email [email protected].

About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with 70+ attorneys in 11 offices across the country.  The firm represents investors, whistleblowers, workers and consumers in complex litigation.  More about the firm and its successes can be found at www.hbsslaw.com.  For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:
Reed Kathrein, 510-725-3000

SOURCE Hagens Berman Sobol Shapiro LLP

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