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Apr 26, 08:36 PM
Supreme Court Reviews $667M Fees in Blue Cross Case, Judge Approves $418M for Overcharged Home Sellers
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Supreme Court Reviews $667M Fees in Blue Cross Case, Judge Approves $418M for Overcharged Home Sellers

Authors
  • MarketWatch
  • Daily Mail Online
  • Houston Chronicle
5

The U.S. Supreme Court is reviewing a request to invalidate $667 million in legal fees and costs awarded to plaintiffs' lawyers in a $2.7 billion class-action settlement with Blue Cross Blue Shield for alleged nationwide insurance overcharges. Separately, a judge has approved $418 million in damages for home sellers overcharged by Realtors, potentially leading to payouts. Realtors have spent a record $14.7 million on lobbying in the first quarter amidst industry changes. Berkshire Hathaway-owned HomeServices of America has agreed to pay $250 million to home sellers, impacting the real estate market in Texas and the U.S.

Written with ChatGPT (GPT-3).

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