Fathom Holdings, the parent company of Fathom Realty, recently announced its decision to settle commission lawsuits in a document filed with the Securities and Exchange Commission. This move has positioned Fathom among the corporate brokerages addressing antitrust claims in the industry.
Key points from the document include:
– Fathom Holdings settling antitrust claims related to the Siter/Burnett suit
– Notification to shareholders about the decision to settle commission lawsuits
– The agreement resolving all related claims nationwide, reflecting a proactive approach towards legal matters within the industry
This development underscores the company’s commitment to addressing legal challenges and ensuring compliance with regulations in the mortgage industry. It also signals a potential shift towards increased transparency and accountability among corporate brokerages.
You can read this full article at: https://www.housingwire.com/articles/fathom-is-the-latest-brokerage-to-settle-the-commission-lawsuits/(subscription required)
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