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 mail@shareholdersfoundation.com 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.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.