No evidence of 'horizontal agreement' by real estate brokerages to inflate commissions, but judge will hear arguments alleging a 'vertical antitrust conspiracy' with NAR
Real estate companies eXp and Weichert will have to offer representatives who are best able to testify regarding settlement negotiations in the separate, but similar, Hooper commission suit
As the brokerages try to fend off allegations of a 'sweetheart deal' in a separate case, they respond to the antitrust complaint they're facing in a Missouri court
Court probes 'reverse auction' allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate
Contracts law professor Tanya Monestier, an objector in the NAR settlement, described Judge Stephen Bough's order compelling objectors to appear in person as a 'glaring appellate issue'
Judge Stephen R. Bough, who ruled on Sitzer | Burnett, said Gibson deals 'provide a significant financial recovery to the Settlement Class in light of the strengths and weaknesses of the case'
The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a 'free pass,' more than a dozen homesellers argued ahead of a Nov. 26 decision
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The plaintiffs in a suit known as Batton 1 have filed for a temporary restraining order preventing the final approval of the Keller Williams, Anywhere and RE/MAX settlements
US homebuilder PulteGroup said it should have been provided with a plan to distribute claims so that it can estimate its recovery amount. But that document doesn't appear to exist
One of the class-action suits seeks $250M in damages while the other is asking the court for a preliminary injunction stopping Keller Williams from distributing profit share payments
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Christina Grace, a California resident who sold her home in Marin County, filed suit Friday against NAR, Compass and Keller Williams, among others, claiming she paid $50K in commissions
The trade group's attorney says NAR is 'still analyzing' the consequences of the Sitzer | Burnett verdict. Judge Andrea R. Wood says Moehrl is a 'different case' that will likely go to trial in Q4 2024
A new commission lawsuit filed Monday seeking class-action status alleges sellers encountered 'illogical, harmful, irrational and anticompetitive effects' of NAR's cooperative compensation rule