Current location:health >>
Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
health898People 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 Crossroad news portal”。http://malaysia.liveandunplugged.org/article-82f199725.html
Related articles
DR MAX PEMBERTON: We need more female doctors in the NHS... but there is a downside
healthDoes the sex of your doctor matter? In general, I'd say it shouldn't really make a difference, altho ...
【health】
Read moreMeghan Markle purchased pair of £1990 diamond earrings from Dragons' Den hopefuls
healthMeghan Markle purchased £1990 worth of diamond earrings from a female-founded jewellery business, th ...
【health】
Read moreLoosening building products red tape 'good first step'
healthThe government is moving to make it easier to use building products from overseas - saying it will r ...
【health】
Read more
Popular articles
Latest articles
Auditors can't locate former St. Louis circuit attorney to complete state audit
Weather: Heavy rain warnings for Westland, Fiordland, Otago headwaters from Tuesday
Family use a drone to find their lost dog... and find it playing with a family of wild BEARS!
Six people killed in Canada in rare mass murder case
Pamela Anderson goes make
A quiet birthday for Meghan's former best
LINKS
- Performance Held to Greet Upcoming Spring Festival in Huzhou, E China
- China Surges to Straight
- China Downs Japan for 3rd Straight Victory at Women's Volleyball Worlds
- China Focus: National Day Celebrated amid Hope for Better Life
- Medical Experts Provide Free Medical Services for Villagers in S China's Guangxi
- Beijing Central Axis to Compete for World Cultural Heritage Status
- China Issues Special Stamps Marking Year of the Rabbit
- Experts Discuss Progress of Chinese Women at UNESCO Forum
- China Focus: China Conducts Survey on Population Most Susceptible to COVID
- Media Center for 20th CPC National Congress to Open on Oct. 12