Real Brokerage Inc. (REAX) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Real Brokerage Inc. has announced a settlement in a class action lawsuit, committing to a $9.25 million payment and business practice changes, without admitting liability. The settlement, which is to be paid into a fund within 30 days pending court approval, is not expected to materially affect the company’s operations. The adjustments to Real’s business practices aim to clarify commission negotiations and improve transparency in client communications.
For further insights into REAX stock, check out TipRanks’ Stock Analysis page.