As the Moehrl and Sitzer lawsuits work their way through the legal system they now must explain why the Department of Justice settlement is inadequate. …
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Among other things, the case could ultimately drive down commissions and weaken industry organizations, agents told Inman. Source: Inman News
Robert Smith, CEO of Vista Equity Partners, will pay back taxes owed on offshore assets totaling $140 million. Vista has a majority stake in Lone…
Denis Donovan, a rental broker affiliated with Village Realty, is accused of engaging in housing practices that discriminate on the basis of race or color. …
The FTC says Mount Diablo Lending and its owner responded to negative reviews by posting consumer’s credit history, debt-to-income ratio and other personal information. Source:…
Real estate is experiencing its version of cord-cutting, as more consumers go directly to the listing agent to buy a home. Source: Inman News
The U.S. Department of Justice filed a statement of interest Monday in the Moehrl class-action, buyer-broker commission lawsuit. The statement mirrors one filed last week…
In documents filed Monday, the DOJ claims the National Association of Realtors is “inaccurately portraying” a 2008 consent decree in its defense in a buy-side…
The Rosen Law Firm, which a month ago threatened a class action lawsuit, pulled the trigger Thursday, filing a federal suit in the US District…
Three additional plaintiffs have been added to a lawsuit involving the sharing of commissions between listing and buyer brokers. Source: Inman News