Tag Archives: Settlement

Buyer appeals Keller Williams, Anywhere, RE/MAX settlements

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The franchisors are not required to implement the business practice changes they agreed to until after the appeals process. Continue reading →

60-day clock begins for brokerages seeking to opt into $418M NAR deal

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Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered. Continue reading →

John Davis settles sex misconduct claims as contempt deadline looms

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The former Keller Williams CEO no longer faces allegations of sexual misconduct, but Gary Keller, Josh Team and KW are asking the court to hold him in contempt. He has until Friday to respond. Continue reading →

DOJ to Nosalek judge: Broker commissions should be decoupled

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The Department of Justice said a proposed settlement in the major antitrust lawsuit might itself violate federal law and said buyers should negotiate their broker’s commission directly. Continue reading →

HomeServices wants US Supreme Court to weigh Sitzer | Burnett case

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The franchisor filed a petition to the Supreme Court on Friday requesting the review of an earlier appeals court ruling barring it from enforcing arbitration agreements signed by seller clients. Continue reading →

DOJ’s ‘concerns’ may jeopardize an MLS commission settlement

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The antitrust enforcer suggests the rule changes in the proposed deal don’t go far enough. Plaintiffs’ attorneys say the agency has failed to articulate its specific concerns. Continue reading →

MLS PIN settlement approved after overcoming judge’s qualms

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Judge Patti Saris, of the U.S. District Court in Massachusetts, preliminarily approved the deal after the settlement fund was restructured. Continue reading →

Judge balks at ‘unusual’ MLS settlement in commission case

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Judge Patti Saris, of the U.S. District Court in Massachusetts, said she “loved” the commission rule changes the deal includes, but didn’t think the litigation fund was fair for plaintiffs. Continue reading →

Federal court rules in favor of NAR in longtime DOJ probe

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District court judge sets aside DOJ demand for information from the NAR on buyer broker commission and pocket listing rules. Continue reading →