US Appeals Court Upholds Big Real Estate Settlement Despite Class Members’ Objections
The court rejected claims that the deal was too broad, unfair, or procedurally flawed after finding the nationwide release necessary to secure the settlement.
6 Articles
6 Articles
US appeals court upholds big real estate settlement despite class members’ objections
Aug 19 (Reuters) - A federal appeals court on Wednesday upheld a more than $1 billion settlement to resolve antitrust claims that real estate brokerages conspired to inflate agents' commissions, rejecting objections by home buyers and sellers who said...
BREAKING: Appeals Court Affirms NAR Settlement, Effectively Ending Commission Lawsuit Saga
An appellate court today denied multiple appeals that had sought to overturn the National Association of Realtors®’ (NAR) 2024 settlement agreement, putting a legal period on the end of the seven-year long commission lawsuit saga that upended real estate practices and undermined NAR’s standing in the industry. A panel of three judges for the Eighth… The post BREAKING: Appeals Court Affirms NAR Settlement, Effectively Ending Commission Lawsuit Sa…
Eighth Circuit upholds NAR commission lawsuit settlement - Boston Real Estate Investors Association
Nearly exactly two years after the National Association of Realtors’ (NAR) home seller commission lawsuit settlement agreement business practice changes went into effect, the Eighth Circuit Court of Appeals upheld the federal court’s approval of the settlement. On Thursday, the appeals court issued its judgment on the seven consolidated appeals related to the final approval […] The post Eighth Circuit upholds NAR commission lawsuit settlement ap…
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