Current location:health >>
Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
health36People 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 Interplay news portal”。http://benin.bsgsa.net/content-37e899094.html
Related articles
Chinese paddlers continue winning streak at WTT Champions Incheon
health(Xinhua) 09:37, March 30, 2024INCHEON, South Korea, March 29 (Xinhua) -- Chinese paddlers dominated ...
【health】
Read moreMore than 214k vehicles seized by police forces last year
healthPolice forces across Britain seized more than 214,000 vehicles from the road last year.Cars can be t ...
【health】
Read moreAstronaut Thomas Stafford, commander of Apollo 10, dies aged 93: Air Force three
healthAstronaut Thomas Stafford, commander of Apollo 10 mission, died at the age of 93 on Monday. Stafford ...
【health】
Read more
Popular articles
- Xi Story: Paddling Through All Odds on Fact
- Revealed: The 20 best walks in Britain (and the maps that show you the perfect route)
- Sharp rise in rental fraud including faking payslips, as tenants seek to fight off competition
- I'm a solo British traveller
- View of tea garden in China's Hubei
- Exquisite suites and unrivalled experiences
Latest articles
View of Great Wall in Beijing
'This HAS to be the world's best business
the remote Canadian Island known as MARS on earth! It is so otherworldly, NASA uses it for research
New York bill could repeal 1907 law that criminalizes adultery
Breathtaking view of oldest palace in Tibet 'Yumbu Lakhang'
World's biggest bridges revealed after collapse of colossal Baltimore landmark
LINKS
- Chinese path to modernization carries global significance (6)
- Senior CPC official stresses study of Xi's works
- Trump sets fundraising record with $50.5M from Florida event
- U.S. democracy summit a show of its arrogance: African expert
- Salvador Perez homers, Bobby Witt Jr. scores 4 times as Royals beat Mets 11
- India's top court refuses to hold appointment of election commissioners
- Chinese state councilor stresses meticulous preparations for Hangzhou Asian Games
- Palestinian death toll in Gaza Strip rises to 32,623: ministry
- Sam Mayer makes last
- Chinese vice premier stresses flood safety, manufacturing innovation