How to reproduce: 
1. Maximize a RadForm on a remote desktop machine using 2016.2.608 version
2. Maximize a RadForm on a Windows 7 machine with a disabled Aero using 2016.2.608 version
3. Maximize a RadForm on a Windows Server 2003 R2 using 2016.2.608 version
4. Maximize a RadForm on a Windows Server 2008 R2 using 2016.2.608 version

Workaround:

 public partial class RadForm1 : RadForm
    {
        public RadForm1()
        {
            InitializeComponent();
        }

        //Workaround
        protected override Telerik.WinControls.RootRadElement CreateRootElement()
        {
            return new MyFormRootElement(this);
        }
    }
public class MyFormRootElement : FormRootElement
    {
        private RadForm formControl;

        public MyFormRootElement(RadForm radForm1) : base(radForm1)
        {
        }

        protected override Type ThemeEffectiveType
        {
            get
            {
                return typeof(RootRadElement);
            }
        }

        protected override void OnPropertyChanged(RadPropertyChangedEventArgs e)
        {
            this.formControl = this.GetType().BaseType.GetField("formControl", BindingFlags.Instance | BindingFlags.NonPublic).GetValue(this) as RadForm;

            if (e.Property == RadElement.BoundsProperty)
            {
                if ((this.Shape != null) && (this.formControl != null) &&
                    this.ApplyShapeToControl)
                {
                    Rectangle oldBounds = (Rectangle)e.OldValue;
                    Rectangle newBounds = (Rectangle)e.NewValue;

                    if (oldBounds.Size != newBounds.Size)
                    {
                        CreateRegionFromShape(newBounds.Size);
                    }
                }
            }
            else if ((e.Property == ShapeProperty) && this.ApplyShapeToControl)
            {
                ElementShape shape = e.NewValue as ElementShape;
                if ((shape != null) && (this.ElementTree != null))
                {
                    CreateRegionFromShape(this.Size);
                }
            }
            else if (e.Property == ApplyShapeToControlProperty)
            {
                if ((bool)e.NewValue && this.Shape != null)
                {
                    CreateRegionFromShape(this.Size);
                }
                else
                {
                    this.ElementTree.Control.Region = null;
                }
            }
            else
            {
                base.OnPropertyChanged(e);
            }
        }

        private void CreateRegionFromShape(Size regionSize)
        {
            Region newRegion = null;
            this.formControl = this.GetType().BaseType.GetField("formControl", BindingFlags.Instance | BindingFlags.NonPublic).GetValue(this) as RadForm;

            if (this.formControl.WindowState != FormWindowState.Maximized || this.formControl.MaximumSize != Size.Empty)
            {
                Rectangle boundsRect = new Rectangle(Point.Empty, regionSize);

                using (GraphicsPath path = this.Shape.CreatePath(boundsRect))
                {
                    newRegion = new Region(path);
                }
            }
            else if (!(IsWindows7 && !DWMAPIHelper.IsCompositionEnabled))
            {
                int borderLenght = DWMAPIHelper.IsCompositionEnabled ? SystemInformation.FixedFrameBorderSize.Height :
                                   SystemInformation.FrameBorderSize.Height;
                borderLenght += borderLenght;

                if (!IsWindows8OrHigher)
                {
                    borderLenght += 2;
                }
                else
                {
                    borderLenght += 1;
                }

                Rectangle boundsRect = new Rectangle(new Point(borderLenght, borderLenght),
                    new Size(regionSize.Width - (borderLenght * 2), regionSize.Height - (borderLenght * 2)));

                using (GraphicsPath path = new GraphicsPath())
                {
                    path.AddRectangle(boundsRect);
                    newRegion = new Region(path);
                }
            }

            Region region = this.formControl.Region;

            if (!AreEqualRegions(region, newRegion))
            {
                this.formControl.Region = newRegion;
            }
        }

        private bool IsWindows8OrHigher
        {
            get
            {
                OperatingSystem os = Environment.OSVersion;
                return os.Platform == PlatformID.Win32NT &&
                       (os.Version.Major > 6 || (os.Version.Major == 6 && os.Version.Minor >= 2));
            }
        }

        private bool IsWindows7
        {
            get
            {
                OperatingSystem os = Environment.OSVersion;
                return os.Platform == PlatformID.Win32NT &&
                       ((os.Version.Major == 6 && os.Version.Minor == 1) || os.Version.Major < 6);
            }
        }

        private static bool AreEqualRegions(Region regionX, Region regionY)
        {
            if (regionX == null && regionY == null)
            {
                return true;
            }

            if (regionX == null || regionY == null)
            {
                return false;
            }

            byte[] regionDataX = regionX.GetRegionData().Data;
            byte[] regionDataY = regionY.GetRegionData().Data;

            int length = regionDataX.Length;

            if (length != regionDataY.Length)
            {
                return false;
            }

            for (int i = 0; i < length; i++)
            {
                if (regionDataX[i] != regionDataY[i])
                {
                    return false;
                }
            }

            return true;
        }
    }

    internal class DWMAPIHelper
    {
        [DllImport("dwmapi.dll")]
        public static extern void DwmIsCompositionEnabled(ref bool isEnabled);

        public static bool IsVista
        {
            get
            {
                return Environment.OSVersion.Version.Major >= 6;
            }
        }

        public static bool IsCompositionEnabled
        {
            get
            {
                if (!IsVista)
                {
                    return false;
                }
                bool enabled = false;
                DwmIsCompositionEnabled(ref enabled);
                return enabled;
            }
        }
    }

    
    }