Engel & Völkers Settles Commission Suits

Engel & Völkers has become the latest brokerage to settle class-action commission lawsuits by sellers, according to filings in federal court today, as the international luxury brand entered into a preliminary agreement with plaintiffs to end litigation claiming the company participated in a conspiracy to inflate commissions. Terms of the agreement were not released, and…

The post Engel & Völkers Settles Commission Suits appeared first on RISMedia.

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