Current location:International Idiom news portal > travel
Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
International Idiom news portal2024-05-07 18:09:21【travel】7People 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://timor-leste.adventistmissionjapan.org/news-93f599372.html
Very good!(84)
Related articles
- Defending national champion LSU boosts its postseason hopes with series win against Texas A&M
- Xi Focus: Xi Calls for Promoting Peace, Solidarity, Inclusiveness Through Sports
- Xi, Assad Jointly Announce China
- China launches new satellite for space environment survey
- Dylan Cease says last year with White Sox 'wasn't enjoyable in really any way'
- China discovers Asia's largest lithium source to date
- 'Global status far off for China's carmakers'
- China's auto export ranks first globally
- Outrage as pro
- Airbus to set up innovation center in China
Popular articles
Recommended
Los Angeles hotel famous for Pretty Woman goes Back To The Future
State energy firms turn to renewables abroad
China's railway system sees 159% surge in pre
China sees stronger momentum for scientific and technological innovation over past five years
Robinhood Markets receives SEC notice for alleged securities violations at crypto unit
4th CICPE scheduled from April 13
Xi Meets Cambodian Prime Minister
Xi Meets Kuwaiti Crown Prince, Pledging to Take Bilateral Ties to New Heights
Links
- Xinhua Headlines: Chinese, Nauruan Presidents Hold Talks for 1st Time Since Resuming Ties
- Safe, healthy cyberspace key for young people
- China eyes increased investment in rural NEV charging facilities
- Beijing, Paris eye fruitful cooperation
- Antique book archive inaugurated in Beijing
- The main forum of Global Digital Economy Conference 2023 Lhasa Summit was held
- China committed to promoting peace talks on Ukraine issue: top diplomat
- Event to promote love of reading to be held in Kunming
- Xi, Honduran President Exchange Congratulations on 1st Anniversary of Ties
- Forum highlights structural reforms