Plaintiffs’ attorneys in the Gibson antitrust lawsuit have requested $36.9 million, one-third of the total settlement payout, to put toward legal fees for their efforts in securing settlements from nine brokerages.
On Monday, May 3, 2024, Redfin became the 10th brokerage to reach a settlement, filing a Form 8-K report with the U.S. Securities and Exchange Commission (SEC) agreeing to pay $9.25 million to settle commission lawsuits.
Lawyers in Missouri filed the Umpa lawsuit on behalf of U.S. home sellers, on December 27. Defendants include the National Association of Realtors (NAR) and more than a dozen brokerages, including, for the first time, The Real Brokerage.
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