Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Trial date set for Gibson suit and final approval granted for five brokerages The United States District Court for the Western District of Missouri has set trial to begin on May 1, 2028.…
U.S. District Court Judge Stephen Bough has granted final approval to settlements in the main Burnett copycat case totaling $39.7 million with five real estate brokerages, with the total settlement fund sitting at over $1 billion as the industry continues to grapple with the fallout from antitrust claims. The approvals, announced Wednesday in Kansas City,…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Plaintiffs in consolidated commission case push for settlement approval Gibson v. NAR, the largest copycat case of the Burnett commission lawsuit filed in the same Missouri District Court overseen by Judge Stephen Bough,…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. NAR cleared in Sheth discrimination suit Judge Georgia Alexakis of U.S. District Court in the Northern District of Illinois Eastern Division dismissed the Sheth discrimination case against the National Association of Realtors® (NAR)…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass closes Anywhere acquisition In a regulatory filing on Jan. 9, Compass announced that its merger with Anywhere Real Estate was officially closed. The deal has faced much scrutiny from the real estate…
Editor’s note: this story is part two of a two-part series—read part one here. 2025 was another whirlwind year for real estate, with industry professionals facing ups, downs and everything in between. The industry saw a lot of major developments, and it can be hard to keep track of everything—from continued debates over Clear Cooperation…