Current location:Stellar Stories news portal > politics
Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
Stellar Stories news portal2024-05-07 16:56:59【politics】3People 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.
Address of this article:http://holyseevaticancity.bsgsa.net/article-59f699293.html
Very good!(334)
Related articles
- Detroit man sentenced to 80 years for fatal shootings of 2 West Virginia women
- The Dallas Stars have a big age gap with players who have come together for No. 1 seed in the West
- Wesley Bryan would rather be at Hilton Head. He's leading in the Dominican Republic
- Even with John Schneider still in charge a new era arrives for Seahawks entering 2024 NFL draft
- DR MAX PEMBERTON: We need more female doctors in the NHS... but there is a downside
- Brazil's president creates two new Indigenous territories, bringing total in his term to 10
- Group condemns 'humiliating searches' by security at Barcelona stadium
- Red Sox third baseman Rafael Devers has a bone bruise in his sore left knee
- Man dragged by bear following fatal car crash, Massachusetts state police say
- Officer fatally shoots man who confronted him with knife, authorities say
Popular articles
Recommended
Rotting bodies and fake ashes spur Colorado lawmakers to pass funeral home regulations
Kansas GOP congressman Jake LaTurner is not running again, citing family reasons
Danny Cipriani holidays with 90210 star AnnaLynne McCord at spiritual retreat in Egypt
Ally Financial, CSX rise; Equifax, Synovus Financial fall, Thursday, 4/18/2024
Donald Trump calls Joe Biden weak on antisemitism, ignoring his own rhetoric
Haleigh Bryant helps LSU gymnastics advance to team finals at NCAA women’s championship
China completes construction of record
Shapiro says Pennsylvania will move all school standardized testing online in 2026
Links
- Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
- Draft judicial explanation on marriage released for public review
- Xi inspects spring farming work
- Abortion: Progressive candidates share their stories after Roe's fall
- Xiplomacy: Xi's vision on military cooperation for world peace, common development
- Xi inspects Changde in central China's Hunan Province
- China poised for strong recovery in 2023, says Morgan Stanley economist
- Chinese premier pledges efforts to promote equipment upgrades, trade
- Xi inspects spring farming work
- Putting people first: the guiding light in China's COVID fight