Current location:style >>
Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
style8357People have gathered around
IntroductionRedfin 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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Cosmic Compass news portal”。http://gibraltar.quotesbonanza.com/content-37f599415.html
Related articles
Tourists view cherry blossoms at Yuyuantan Park in Beijing
styleTourists view cherry blossoms at the Yuyuantan Park in Beijing, capital of China, March 29, 2023. (X ...
【style】
Read moreOperator of Japan's wrecked Fukushima Daiichi nuclear plant prepares to restart another plant
styleTOKYO (AP) — The operator of the tsunami-wrecked Fukushima Daiichi nuclear power plant said on Monda ...
【style】
Read moreOperator of Japan's wrecked Fukushima Daiichi nuclear plant prepares to restart another plant
styleTOKYO (AP) — The operator of the tsunami-wrecked Fukushima Daiichi nuclear power plant said on Monda ...
【style】
Read more
Popular articles
- Camping becomes burgeoning trend in China
- Researchers uncover future variations of irrigation water use in China
- 2023 FIFA Women's World Cup: China vs. Haiti
- Railway services resume in east China after 7.3
- Scenery of Baiyangdian Lake in Xiongan New Area, N China's Hebei
- Four people charged in the case of 2 women missing from Oklahoma
Latest articles
Book on Value of Xi Jinping's Economic Thought Published
Final survivor of USS Arizona after Pearl Harbor attack dies at 102
Inheritor creates ceramic work to celebrate upcoming Asian Games
U.S. quietly signs off more bombs, fighter jets for Israel: U.S. media
Xi Sends Congratulatory Letter to Zhongguancun Forum
Russia says proof show link between Moscow attack terrorists, Ukraine
LINKS
- Protests erupt as concerns rise in ROK, Philippines
- The Latest: Iran launches large
- EU unveils 'remedy' for migrants
- China urges US to put ties back on track
- Xi, Uzbek President Hold Talks, Elevate Ties to All
- Gatwick Airport aims to win more friends in China
- Gatwick Airport aims to win more friends in China
- Several Iranian airports cancel flights until Monday
- Egyptian FM urges restraint after Iranian attack on Israel
- Comicomment: Who is behind the provocations in South China Sea