NEW YORK, Oct. 25, 2023 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Anywhere Real Estate Inc. (“Anywhere” or the “Company”) (NYSE: HOUS). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Anywhere and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On October 6, 2023, Anywhere issued a press release “announc[ing] the terms of a settlement agreement the Company has entered into to settle all claims asserted against Anywhere in the Burnett and Moehrl antitrust class action litigation. Under the terms of the proposed nationwide settlement, which is subject to both preliminary and final court approval, Anywhere has agreed to provide monetary relief of $83.5 million, substantially in line with the Company’s financial planning as well as injunctive relief.”
On this news, Anywhere’s stock price fell $0.42 per share, or 7.33%, to close at $5.31 per share on October 6, 2023.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
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CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
