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'
Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110M to resolve litigation
Sellers in the Gibson class-action suit filed objections Thursday to the dollar value of the proposed settlements, which include deals with Compass, Redfin and The Real Brokerage, among others
In a filing outlining costs and expenses, plaintiffs' attorney Michael Ketchmark estimates he has spent 7,000 hours on Gibson and other commission suits for work totaling $10.1M since 2019
REAL Dallas Properties & Management brings its 70-agent team to United in a move that both parties say benefits consumers and agents
Defendants in the buy-side case, which also includes Weichert Realtors and United Real Estate, say the claims lack standing, are untimely and an attempt to 'parrot' arguments made in Batton 1
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
The news comes 1 week after NAR's whopping $418M settlement was announced. Compass also agreed to make some minor changes to its business practices as part of the settlement
More than 90 brokerages would not be covered under the $418M deal, though most have the option of buying in
Howard Hanna had been one of several defendants in a case known as Batton 2, which was brought by homebuyers and has a much larger scope than some better-known cases
Amended complaint alleges Warren Buffett's company abused the trust inspired by his name to encourage homesellers to use HomeServices and further alleged price-fixing conspiracy
A federal court judge denied a request from the defendants to suspend the case pending the outcome of post-trial motions after the Sitzer | Burnett verdict
Catch up with the 'mother of all lawsuits' and all of the other so-called copycats that have followed in the wake of Sitzer | Burnett
In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate's status quo. Here's a rundown of all the cases
In a 5-minute video posted online Wednesday, NAR President Tracy Kasper urged Realtors to be transparent about commission negotiations as NAR gears up for a long legal battle ahead