Your current location:HOME >style >Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits 正文
TIME:2024-05-07 18:09:58 Source: Internet compilationEdit:style
Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were sa
Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of longstanding real estate industry practices.
The online brokerage and real estate services company disclosed the proposed settlement Monday in a regulatory filing with the Securities and Exchange Commission.
The settlement, which Redfin agreed to Friday, would resolve pending class action lawsuits filed in federal court in the Western District of Missouri, and also shield the company, its subsidiaries and agents from similar cases around the country, according to the filing.
“Resolving this litigation now and removing uncertainty is in the best interest of the company, our employees, and our investors,” the company said in a statement Monday.
View of Zhalong National Nature Reserve in northeast China2024-05-07 17:54
Moon landing attempt: Private US spacecraft enters orbit2024-05-07 17:50
Jailed Vietnamese dissident Pham Doan Trang to be honored by PEN America2024-05-07 16:33
Total solar eclipse: What's the path and what to know for Monday April 82024-05-07 16:30
Amazing sea of cloud appears over township in Hubei2024-05-07 16:26
Total solar eclipse 2024 wow crowds across North America2024-05-07 16:05
Tips for college students and parents ahead of tax deadline2024-05-07 15:54
2025 Oscars: Academy Awards announces March 2 date2024-05-07 15:50
World Insights: Int'l Community Welcomes Xi2024-05-07 15:32
Luke Combs leads the 2024 ACM Awards nominations, followed by Morgan Wallen and Megan Moroney2024-05-07 15:24
Intl beer festival to open in Qingdao WCNA2024-05-07 17:55
Total solar eclipse 2024: Spectators stake their spots along the totality path2024-05-07 17:40
April 8 solar eclipse: What you need to know before you watch2024-05-07 17:34
This simple log structure may be the oldest example of early humans building with wood2024-05-07 17:11
China, DRC Upgrade Ties to Comprehensive Strategic Cooperative Partnership2024-05-07 16:39
Rare sea creature washes ashore in Southern California2024-05-07 16:30
Total solar eclipse: What's the path and what to know for Monday April 82024-05-07 16:03
Payton Pritchard scores a career2024-05-07 15:55
Rural living gains popularity among Chinese urbanites2024-05-07 15:45
Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech2024-05-07 15:39