Your current location:HOME >world >Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits 正文
TIME:2024-05-07 18:25:00 Source: Internet compilationEdit:world
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.
Main Olympic railway marks 2nd anniversary2024-05-07 18:22
China's road logistics price index up2024-05-07 18:10
Chinese new energy vehicle sector speeds up expansion overseas2024-05-07 17:39
Push for more parental care leave gathers pace2024-05-07 17:22
Xi Story: Agricultural Science, Technology Carry the Weight of Food Security2024-05-07 16:49
HK textbooks on territorial sovereignty should meet national standards: education association chief2024-05-07 16:42
New productive forces play key role in growth2024-05-07 16:32
China renews highest alert for cold wave2024-05-07 16:26
International pump track park to open in China's Shenyang2024-05-07 16:17
Harvest of renowned Longjing tea begins in east China2024-05-07 15:39
Xi Calls for Enhancing All2024-05-07 18:18
China's logistics industry reports steady growth in 20232024-05-07 17:41
HKSAR LegCo unanimously passes national security bill2024-05-07 17:28
Family members of mainland fishermen to go to Kinmen after fatal expulsion incident2024-05-07 17:25
World Insights: Int'l Community Welcomes Xi2024-05-07 17:13
A look at how jury selection will work in Donald Trump's first criminal trial2024-05-07 17:02
Firms listed on Shenzhen bourse see steady performance in 20232024-05-07 16:47
Polish opponents of abortion march against recent steps to liberalize strict law2024-05-07 16:30
Can tourism gather steam during summer vacation?2024-05-07 16:07
Village in Hainan explores new developing model to advance rural revitalization2024-05-07 15:47