Re/Max investigation finds founder and CEO both violated ethics code

Founder Dave Liniger and CEO Adam Contos failed to disclose $2.4M loan used to purchase a residence, according to special committee

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Ending an internal investigation first announced in November, a special committee has found that Re/Max founder Dave Liniger and executive Adam Contos broke the company’s code of ethics by failing to disclose to the Re/Max board of directors a $2.4 million loan given by Liniger to Contos for the purchase of a residence.