Broker

Latvian Broker Arrested for Violating US Export Laws in Connection to Russian Aerospace Equipment Sales: Justice Department Indicts Third Individual in Johnson County Conspiracy

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JOHNSON COUNTY, Kan. – A Latvian broker has been arrested for violating U.S. export laws in connection with a Johnson County company. The U.S. Department of Justice announced that a citizen of the Republic of Latvia is charged with crimes related to a year-long conspiracy to sell avionics equipment to Russian companies, in violation of U.S. export laws. This arrest is the result of a grand jury’s superseding indictment, which also implicates a Johnson County company and two U.S. nationals. The superseding indictment states that Oleg Chistyakov, also known as Olegs Čitsjakovs, conspired with U.S. … Read more

Landmark $1.8B Verdict on Broker Fees Sparks Potential Drop in Home Prices

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Los Angeles, California – The $1.8 billion verdict on broker fees in California could potentially have a significant impact on home prices in the region. This ruling, which could lead to a decrease in home prices, has sent shockwaves through the real estate market. The verdict stems from a class-action lawsuit against NRT LLC, one of the largest residential real estate brokerages in the country. The lawsuit alleged that the company violated antitrust laws by requiring sellers to pay high commission fees to both the listing and buyer’s agents. The jury unanimously sided with the … Read more