Current location:style >>
Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
style434People 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.“Stellar Station news portal”。http://tonga.downmusic.org/content-37f599415.html
Related articles
World Insights: Int'l Community Welcomes Xi
styleContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【style】
Read moreChina's NCPA to host Festival Waltz concert
style(Xinhua) 11:09, February 06, 2024BEIJING, Feb. 5 (Xinhua) -- A waltz-themed concert will be held at ...
【style】
Read morePeople of Gelao ethnic group celebrate Maolong Festival in SW China's Guizhou
style(Xinhua) 08:17, February 21, 2024People watch a dragon dance competing event during the "Maolong Fes ...
【style】
Read more
Popular articles
- Tourists enjoy boat rides in Pingshan canyon in C China's Hubei
- Xizang's traditional culture effectively inherited and protected: expert
- I am a neurologist but was still diagnosed with Parkinson's disease in my 40s
- Advantage Man City in the Premier League title race after losses for Arsenal and Liverpool
- Tourism provides development engine for village
- McCutchen's 300th homer, Suwinski's grand slam leads Pirates over Phillies 9
Latest articles
LINKS
- Best credit cards rated: Top for cashback, rewards and clearing debt
- 'We used to be dotty about bicycles': Cyclist discovers over 100 hidden
- Tale of the state pension underpaid for 20 YEARS: This is Money podcast
- Sharp rise in rental fraud including faking payslips, as tenants seek to fight off competition
- Core blimey! Scientists discover how to squeeze even more nutrients from apples
- HK$3.5 billion Hong Kong Palace Museum opens after typhoon delay
- Forget guidebooks
- A nation of explorers? Poll reveals that nearly a quarter of Brits have never even visited SCOTLAND
- Inside Lausanne
- NASA is looking for new astronauts