States Recover $19 Million in Commission Overcharges From Brokers

Commission lawsuit claims from home sellers top 2.5 million

More than 2.5 million home sellers have submitted claims related to commission lawsuit settlement agreements — including those reached in the Sitzer/Burnett, Moehrl and Gibson suits. This is according to a declaration filed Monday by Jennifer M. Keough, the CEO, president and co-founder of JND Legal Administration. JND is the law firm that’s overseeing administrative tasks related to many of the commission lawsuit settlement agreements. Claims h…

Texas Joins Multi-State Settlement Recovering $19 Million from Financial Firms for Excessive Commissions

The Texas State Securities Board announced today that it has joined a multi-state settlement with five major financial firms – Edward Jones,

States Recover $19 Million in Commission Overcharges From Brokers

Five large brokerage firms must reimburse customers $19 million as the result of a nationwide crackdown by state securities regulators on what they say