Compass to Settle Class Action Lawsuits for $57.5 Million
Real estate brokerage Compass agreed to pay $57.5 million in class-action lawsuit settlements from U.S. home sellers on Friday. The antitrust lawsuits allege that the company conspired with other brokerages and trade groups to overcharge home sellers by billions of dollars. According to the Associated Press, the plaintiffs claim that real estate brokers have been…