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Burnett v. National Association of Realtors (formerly Sitzer v. National Association of Realtors) is a class-action lawsuit challenging the fees charged by real estate agents in the United States. The case was filed against the National Association of Realtors and some of the largest brokerages in the
A powerful real estate trade group has agreed to do away with policies that for decades helped set agent commissions, moving to resolve lawsuits that claim the rules have forced people to pay ...
The US Department of Justice threw even more doubt into a new way of paying for real estate brokers this week, raising concerns about a recent wide-ranging legal settlement.
The SEC's complaint against Smith & Nephew PLC alleged that its subsidiaries used a distributor to create a slush fund to make illicit payments to public doctors employed by government hospitals or agencies in Greece. Smith & Nephew PLC and its U.S. subsidiary Smith & Nephew Inc. paid more than $22 million to settle the SEC's and DOJ's actions.
In 2010, the SEC filed a criminal complaint against Mandell and Harrington, alleging that they had committed conspiracy, securities fraud, wire fraud, and mail fraud. The criminal complaint also named Sky Capital Holdings Ltd. as a defendant. Ross Mandell proclaimed innocence and played blame on "rogue brokers" such as Adam Harrington, for ...
A little-known practice among realtors resulted in a $1.8 billion verdict in favor of home sellers in a recent U.S. lawsuit. Now, a similar suit has been filed in South Carolina. Here’s what it ...
The Securities Act of 1933 regulates the distribution of securities to public investors by creating registration and liability provisions to protect investors. With only a few exemptions, every security offering is required to be registered with the SEC by filing a registration statement that includes issuer history, business competition and material risks, litigation information, previous ...
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