An investigation for investors in Realogy Holdings Corp. (NYSE: RLGY) shares over potential securities laws violations by Realogy Holdings Corp. was announced.
San Diego, CA -- (SBWIRE) -- 06/11/2019 -- An investigation was announced concerning potential securities laws violations by Realogy Holdings Corp. and certain of its directors and officers in connection with certain financial statements was announced.
Investors who purchased shares of Realogy Holdings Corp. (NYSE: RLGY), 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 focuses on whether a series of statements by Realogy Holdings Corp. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Madison, NJ based Realogy Holdings Corp., through its subsidiaries, provides real estate and relocation services. Realogy Holdings Corp. reported that its annual Total Revenue declined from over $6.11 billion in 2017 to over $6.07 billion in 2018 and that its Net Income declined from $431 million in 2017 to $137 million in 2018.
On May 22, 2019, media outlets reported that the U.S. Department of Justice is investigating Realogy Holdings Corp for potential anti-competitive practices related to residential real estate brokerage, focusing primarily on broker compensation and listing restrictions.
Shares of Realogy Holdings Corp. (NYSE: RLGY) declined to as low as $6.61 per share on May 23, 2019.
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 conftact 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.