Tal’s parents offered a bond “in any amount secured by the entirety of their assets.” Meanwhile, Side filed a preliminary injunction against Oren and Tal, and the DOJ has asked Douglas Elliman for information about the brothers’ time at the firm. Continue reading
Stories about the commission lawsuits settlement, industry practice changes and alleged bad behavior by luxury brokers emerged as winners by a landslide. Cast your vote now for the Final Four top stories of the year. Continue reading
Defense lawyers for Oren and Alon Alexander appeared in court on Monday, but because of a paperwork scuffle, the brothers’ bond review was delayed a few days. Judge Lody Jean said the brothers’ house arrests “may be more of a hurdle than anything else,… Continue reading
Will it involve the DOJ, the three-way agreement, the National Association of Realtors, alleged bad behavior or something else? You decide Inman’s top story of the year. Continue reading
Oren received a $3 million bond and Alon was granted a $2 million bond, both secured by their father’s house. The brothers are currently under house arrest and will appear before a federal judge on Monday in Miami. Continue reading
In bond court on Thursday, Oren pleaded with the judge to be allowed to be with his wife, who is nine months pregnant, when she gives birth. A detention hearing is scheduled for Friday. Continue reading
The several months-long legal battle the brothers faced against several women who alleged sexual assault came to a head on Wednesday with their arrests in the wake of an FBI probe. Continue reading
The temporary restraining order alleges that Tal and Oren Alexander moved the underlying collateral on a loan that the firm extended to Official Partners two years ago in a potential attempt at “dissipating the assets.” Continue reading
In advance of his retirement from the firm, Lorber allegedly underwent a five-hour-long internal inquiry, Bloomberg reported, during which he disclosed intimate relationships with agents Jennine Gourin and Jessica Cohen. Continue reading
New company CEO Michael Liebowitz stressed in an investors call Thursday morning that Douglas Elliman is seeking to diversify its revenue streams and increase ROI as it enters a “new era.” Continue reading