Current location:entertainment >>
Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
entertainment588People 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.“International Interface news portal”。http://paraguay.sribizinfo.com/html-15e599448.html
Related articles
Liz Hurley's nephew
entertainmentLiz Hurley's model nephew, who survived a horror road rage knife attack, was caught drink driving by ...
Read moreDPRK top leader attends special concert by Chinese traditional orchestra
entertainmentKim Jong Un, general secretary of the Workers' Party of Korea and president of the State Affairs ...
Read moreIsraeli troops withdrawn from Gaza to prepare Rafah operation: Defense minister
entertainmentPeople are seen on a street with damaged buildings near the Shifa Hospital in Gaza City, on April 1, ...
Read more
Popular articles
- Moyes leaving West Ham at the end of the season. Lopetegui linked as the replacement
- IPL form barely considered for India T20 World Cup squad, skipper Sharma says
- Lawmakers in Serbia elect new government with pro
- China promoting rapid development of commercial space industry: CNSA
- After AP's missing students investigation, children return to school
- China extends tariff exemptions on certain US goods until Nov. 30
Latest articles
Skye Wheatley hosts reunion with her I'm A Celebrity co
US Fed keeps interest rates unchanged at 5.25
Egyptian, French FMs discuss Gaza developments, truce proposal
US student protests continue, with over 270 arrests on weekend
FBI says an infant abducted from New Mexico park has been found safe; a suspect is in custody
UCLA cancels all classes after overnight violence on campus
LINKS
- Hilarious moment cheeky THREE
- Who came up with that? The designers behind these baffling fails should definitely get the sack
- China and Indonesia call for cease
- 25 years after Columbine, trauma shadows survivors of the school shooting
- Caitlin Clark's Indiana Fever jersey becomes Fanatics' best
- Chinese vice premier stresses timely delivery of homes to buyers
- Klay Thompson wants do decompress from season before delving into what's next as a free agent
- Cody Bellinger hits a go
- A Simple Favor 2 star Henry Golding dishes on hotly
- Gen Zs' latest obsession of 'anti