Association

National Association of Realtors Found Guilty in $1.785 Billion Collusion Lawsuit

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Kansas City, Missouri – The National Association of Realtors (NAR) and other industry players have been found guilty by a Missouri jury of colluding to maintain high brokerage commissions. The jury awarded $1.785 billion in damages in this case, which is one of two lawsuits concerning brokerage commission practices. The Justice Department is also investigating a commission-sharing system that typically requires home sellers to pay a 5% to 6% cut of the sale to both their agent and the buyer’s agent. The lawsuit, filed in Kansas City, Missouri, targeted the Realtors association along with Keller … Read more

Federal Jury Awards $5.3 Billion Verdict in Antitrust Case Against National Association of Realtors and Real Estate Franchisors

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KANSAS CITY, Mo. — The National Association of Realtors and major real estate franchisors have been found guilty in an antitrust case that accused them of colluding to inflate real estate commissions. A federal jury issued a verdict in favor of approximately 500,000 Missouri homesellers seeking reimbursements for $1.78 billion in commissions paid to buyer brokers. The jury awarded $1,785,310,872 in damages, which will be trebled to $5.356 billion under the law. The case focused on whether there was a conspiracy among the defendants — NAR, Keller Williams, Realogy, RE/MAX, HomeServices of America, and its … Read more

Johnson & Johnson Seeks Removal of Leading Plaintiff Firm from Talc Cases Due to Previous Association with Its Former Lawyer

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NEW YORK (AP) — Johnson & Johnson (J&J) is requesting the removal of a prominent plaintiff firm from talc cases due to its previous collaboration with the firm’s former lawyer. J&J argues that the firm’s involvement in these cases poses a conflict of interest. J&J has asked a federal judge in New York for the disqualification of Weitz & Luxenberg, a national plaintiff firm. According to court documents, J&J claims that Weitz & Luxenberg’s former attorney had previously worked for the company on talc-related matters. The attorney allegedly gained confidential and privileged information during his … Read more

NRA Trial Exposes Alleged Corruption: Former NY Lawyer Accuses LaPierre of Transforming Association into ‘Wayne’s World’

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NEW YORK – Wayne LaPierre, the head of the National Rifle Association (NRA), is being accused of transforming the organization into his personal domain. A New York lawyer made this claim during the ongoing trial on corruption charges. Prosecutors argue that LaPierre exploited his position of power, turning the NRA into what they referred to as “Wayne’s World.” The attorney further alleged that LaPierre directed the funneling of millions of dollars from the organization’s coffers for personal luxuries, including luxury travel and expensive clothing. The accusations against LaPierre came to light during the trial, shedding … Read more