An investigation on behalf of current long term investors in Realogy Holdings Corp. (NYSE: RLGY) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 12/02/2019 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Realogy Holdings Corp.
Investors who are current long term investors in Realogy Holdings Corp. (NYSE: RLGY) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: RLGY stocks follows a lawsuit filed against Realogy Holdings Corp. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: RLGY stocks, concerns whether certain Realogy Holdings directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Realogy was engaged in anticompetitive behavior by requiring property sellers to pay the commissions of a buyer's broker at an inflated rate, that Realogy's anticompetitive actions would prompt the U.S. Department of Justice to open an antitrust investigation into the real estate industry's practices regarding brokers' commissions, and that as a result, defendants' statements about the Realogy's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of Realogy Holdings Corp. (NYSE: RLGY) have certain options and should contact the Shareholders Foundation.
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