A federal panel rejected a bid to consolidate broker commission lawsuits, citing NAR’s settlement and wave of similar deals by brokerages. The U.S. Supreme Court denied a real estate franchisor's request for consideration, preventing plaintiffs from claiming $4.7 billion in damages from HomeServices. Major homebuilders object to $208 million antitrust settlements, with PulteGroup and others urging a U.S. judge not to approve the deals due to alleged conspiracy to keep real estate commissions high. The Supreme Court delivers a unanimous ruling in favor of Texas rancher's property rights, with Attorney General Ken Paxton securing a 9-0 win in a case protecting Texas' ability to handle compensation disputes under state law for taken property.
US appeals court decision may deter M&A disclosure-only shareholder suits https://t.co/hQ57NeW528 https://t.co/Y1eJcAuXye
Coalition Of Attorneys General File Amicus Brief Defending Ken Paxton And His Top Deputy https://t.co/xbxVZEO8gJ
Supreme Court delivers blockbuster announcement! https://t.co/cvkDI1qeJj