Under a judge's directive, companies must notify affected class members and create a website for settlement details within 60 days. Attorneys involved in the case are to file their requests for legal fees within 45 days. Importantly, these actions are preliminary steps and do not signify final approval; a fairness hearing will be conducted before the settlement is finalized. The case forms part of ongoing legal disputes over real estate commissions, with plaintiffs accusing brokerages of collusion to uphold high commission rates.
Under the directive of the judge, involved companies must inform class members and create a website detailing the settlement within 60 days.
Attorneys in the case are required to submit requests for legal fees and costs in 45 days, following the judge's directive.
This process is not the final approval; a fairness hearing will occur before settling the ongoing disputes over real estate commission practices.
Plaintiffs accuse brokerages of collusion to maintain high commissions, with the current settlement being part of ongoing legal challenges.
Collection
[
|
...
]