Judge approves brokerage commission lawsuit settlement agreements [Yahoo! Finance]
PulteGroup, Inc. (PHM)
Last pultegroup, inc. earnings: 4/23 06:30 am
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Source: Yahoo! Finance
Judge Stephen Bough has granted final approval to the commission lawsuit settlement agreements reached by Anywhere RE/MAX and Keller Williams on Thursday. As part of their settlement agreements, Anywhere, RE/MAX and Keller Williams have agreed to pay $83.5 million $55 million and $70 million , respectively. In addition, the brokerage firms also agreed to various policy changes including provisions to no longer require agents to be members of the National Association of Realtors or follow NAR's Code of Ethics or the MLS Handbook, as well as practice changes, including that the firm will require or encourage agents to make it clear to clients that commissions are negotiable, that agents will have the freedom to set or negotiate commissions as they see fit, and that agents will not be required to make offers of compensation or accept offers of compensation from cooperating brokers. The final approval of the settlements did not come without hiccups. According to court filings fewer th
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PHM
News
- PulteGroup, Inc. (NYSE: PHM) had its price target raised by analysts at Citigroup Inc. from $127.00 to $129.00. They now have a "neutral" rating on the stock.MarketBeat
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PHM
Earnings
- 4/23/24 - Beat
PHM
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 3
- 5/8/24 - Form 8-K
- PHM's page on the SEC website