South Florida yacht brokers hit with lawsuits that claim 10% commissions violate antitrust laws [Yahoo! Finance]
MarineMax, Inc. (FL) (HZO)
Last marinemax, inc. (fl) earnings: 4/23 06:45 am
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Source: Yahoo! Finance
The claims follow an October finding by a federal jury in Kansas City, Missouri, that the National Association of Realtors conspired with brokers to artificially inflate commissions paid to real estate brokers. The ruling, and a March 15 settlement by the Realtors, is expected to radically change how homes are sold in the United States. Both lawsuits involving yacht brokers name as defendants the International Yacht Brokers Association, based in Fort Lauderdale, the Yacht Brokers Association of America, Boats Group LLC and YATCO LLC. Also listed as defendants in both suits are a who's who of South Florida-based yacht brokers, including Denison Yacht Sales, MarineMax Inc., Galati Yacht Sales Inc., Allied Marine Inc., Tournament Yacht Sales LLC and Northrop & Johnson Yacht Ships, among others. Nearly all of the defendants are headquartered in South Florida. The most recent suit, filed on March 22, proposes a class of plaintiffs that includes anyone who listed vessels on certain
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News
- MarineMax, Inc. (NYSE: HZO) had its price target lowered by analysts at Stifel Nicolaus from $37.00 to $35.00. They now have a "buy" rating on the stock.MarketBeat
- MarineMax, Inc. (NYSE: HZO) had its price target lowered by analysts at Truist Financial Co. from $40.00 to $35.00. They now have a "buy" rating on the stock.MarketBeat
- Here's What Key Metrics Tell Us About MarineMax (HZO) Q2 Earnings [Yahoo! Finance]Yahoo! Finance
- Why MarineMax (HZO) Stock Is Trading Lower Today [Yahoo! Finance]Yahoo! Finance
- Boating stocks slump after MarineMax warns of high promotional activity in the sector [Seeking Alpha]Seeking Alpha
HZO
Earnings
- 4/25/24 - Miss
HZO
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/17/24 - Form 8-K
- HZO's page on the SEC website