Compass completed its acquisition of Anywhere in January. Nine months later, a former Anywhere shareholder is asking a federal court whether investors received the information they deserved before exchanging their stock. Philippe Magloire filed the proposed securities class action October 7 in the Southern District of New York. The complaint names Compass and several executives and directors, including Robert Reffkin and former Anywhere chief executive Ryan Schneider. The allegations are contested. A Compass spokesperson told RISMedia they were without merit…
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Compass Closed the Anywhere Deal. Now a Shareholder Says Investors Were Kept in the Dark.
Compass completed its acquisition of Anywhere in January. Nine months later, a former Anywhere shareholder is asking a federal court whether investors received the information they deserved before exchanging their stock.
