Compass Settles, Becoming First ‘Copycat’ Defendant to Tap Out

Compass is the latest major brokerage to announce that it is settling commission lawsuits, and is the first company that has only been named in copycat suits to do so, agreeing to pay $57.5 million and change practices in exchange for immunity from seller claims. The choice potentially is a harbinger of how the remaining…

The post Compass Settles, Becoming First ‘Copycat’ Defendant to Tap Out appeared first on RISMedia.

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