Warren Buffett's real estate brokerage reaches $250 mln antitrust settlement [Yahoo! Finance]
Berkshire Hathaway Inc. New (BRK.B)
Last berkshire hathaway inc. new earnings: 11/2 07:00 am
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Source: Yahoo! Finance
a $250 million settlement of nationwide antitrust litigation that is expected to change how real estate agents are paid. HomeServices of America, the largest U.S. real estate brokerage, was the last remaining defendant in a case against the National Association of Realtors (NAR) and four brokerages. Its settlement would eliminate the risk of a much higher payout, after a jury in Kansas City, Missouri in October sided with home sellers who accused the industry of conspiring to keep real estate commissions in that state artificially high. Jurors awarded $1.78 billion of damages, which a judge could have tripled. HomeServices' settlement requires court approval. Lawyers for the plaintiff sellers did not immediately respond to requests for comment. The NAR agreed to settle nationwide antitrust litigation for $418 million last month, and won a judge's preliminary approval on Tuesday. It also agreed to rewrite rules for paying buyers' and sellers' agents. Analysts said the chang
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News
- Log Still Distillery owner gives spirited talk to Chamber luncheon crowd [Yahoo! Finance]Yahoo! Finance
- Billionaire Cuts Investment in Nvidia, Says AI May Be Overhyped [Yahoo! Finance]Yahoo! Finance
- Warren Buffett, Former World's Richest Man, Says Success Isn't About Money, It's 'People That You Want To Have Love You Actually Do Love You' [Yahoo! Finance]Yahoo! Finance
- Redfin to pay $9 million in real estate antitrust settlement [Reuters]Reuters
- Pakistan's Top Group Engro Plans Berkshire Hathaway-Style Deals [BNN Bloomberg (Canada)]BNN Bloomberg
BRK.B
Earnings
- 5/4/24 - Beat
BRK.B
Sec Filings
- 5/7/24 - Form 8-K
- 5/6/24 - Form 10-Q
- 4/26/24 - Form 8-K
- BRK.B's page on the SEC website