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0.00156494522691702 0.000782472613458512 0.00156494522691702 -0.000782472613458512 0.00937402190923315 0.0101721439749608 0.0109546165884193 0.0109546165884193
Stock impact report

Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits [Yahoo! Finance]

Redfin Corporation (RDFN) 
Last redfin corporation earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.redfin.com/investor-relations
Company Research Source: Yahoo! Finance
when they sold their home as a result of longstanding real estate industry practices. The Seattle-based online brokerage and real estate services company disclosed the proposed settlement Monday in a regulatory filing with the Securities and Exchange Commission. The settlement, which Redfin agreed to Friday, would resolve pending class action lawsuits filed in federal court in the Western District of Missouri, and also shield the company, its subsidiaries and agents from similar cases around the country, according to the filing. Seattle-based Redfin noted that it doesn't expect the settlement, which must be approved by the court, to have a material impact on its future operations, adding it expects to record a $9.25 million pre-tax charge for the quarter ended March 31. Shares in Redfin were up 3.7% in afternoon trading Monday. Redfin Corporation (RDFN) Sign in to add to watchlist Full screen Redfin is the latest big brokerage to agree to settlement terms in order to p Show less Read more
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