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 13:52:21 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.
Tom Brady roast: Netflix live event features Robert Kraft and Bill Belichick reunion2024-05-07 13:48
China Focus: Netflix's adaptation of Three2024-05-07 13:28
Xi says ready to join president of the Republic of the Congo for stronger strategic partnership2024-05-07 13:22
Book of Xi's Discourses on Financial Work Published2024-05-07 13:04
A subset of Alzheimer's cases may be caused by two copies of a single gene, new research shows2024-05-07 12:48
Across China: Exhibition unveils rare masterpiece by ancient Chinese artist2024-05-07 12:37
New focus will bolster housing market2024-05-07 12:24
Event to promote love of reading to be held in Kunming2024-05-07 12:06
Babar hoping paceman Rauf will regain full fitness and make an impact for Pakistan at T20 World Cup2024-05-07 11:57
Xi stresses boosting guarantee ability of land element for high2024-05-07 11:51
With college football drama behind him, Devontez Walker eager to show his talent with Baltimore2024-05-07 13:50
Xi stresses promoting equipment renewal, trade2024-05-07 13:37
Chinese, Dominican Presidents Exchange Congratulations on 20th Anniversary of Diplomatic Ties2024-05-07 13:35
Xi sends congratulatory message to 37th AU Summit2024-05-07 13:26
College protests: Columbia University cancels main commencement2024-05-07 12:49
Xi replies to letter from Iowa's Muscatine High School students2024-05-07 12:30
Draft rules to improve data security released2024-05-07 12:18
Ancient noble tomb found in east China's Jiangsu2024-05-07 12:09
Woman in Minnesota accused in the deaths of 2 children2024-05-07 11:22
Xi replies to letter from Iowa's Muscatine High School students2024-05-07 11:17