Current location:travel >>
Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
travel95People 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.“Culture Corridor news portal”。http://elsalvador.solascripturapublishing.com/html-59d699290.html
Related articles
Minnesota legislators consider constitutional amendment to protect abortion and LGBTQ rights
travelST. PAUL, Minn. (AP) — Minnesota Democrats have introduced far-reaching legislation to add abortion ...
【travel】
Read moreTo work for a healthier and brighter future for humanity
travelBy He Yin (People's Daily Online) 09:01, May 24, 2021Chinese President Xi Jinping on May 21 delivere ...
【travel】
Read moreXinjiang launches first full timetable for China
travel(ECNS) -- Xinjiang Uyghur Autonomous Region's first full timetable for the China-Europe freight trai ...
【travel】
Read more
Popular articles
- For farmers, watching and waiting is a spring planting ritual. Climate change is adding to anxiety
- Central Rural Work Conference Is Held, Xi Delivers Important Instructions on Rural Work
- China's first self
- Xi Focus: Xi Stresses Consolidating Agricultural Foundation, Advancing Rural Revitalization
- Relegation
- UK PM fined over COVID
Latest articles
What we learned from local votes ahead of looming UK general election
Tokyo 2020 Paralympic Games open
School shootings in U.S. rise to highest number in 20 years: report
(W.E. Talk) Confrontation in Sino
Tom Brady roast: Netflix live event features Robert Kraft and Bill Belichick reunion
Central Rural Work Conference Is Held, Xi Delivers Important Instructions on Rural Work
LINKS
- Working Hard During Golden Time
- Zheng Zhenxiang: A Life Dedicated to Archeology
- Technician Leads Team in Making Scientific, Technological Innovations
- Preview: Champions League a big factor in La Liga matchday
- CPC Delegate Committed to Subway Safety
- Marine Scientist Pursues Dream by Studying Coral
- Restorer's Hands
- Marine Scientist Pursues Dream by Studying Coral
- Repairer Breathes New Life into Damaged Ancient Books
- Profile: Forestry Scientist Devoted to Greening Qinghai