Court Grants Preliminary Approval to eXp's Nationwide Commission Lawsuit Settlement
eXp World Holdings, parent of eXp Realty, disclosed in a regulatory filing that the U.S. District Court for the Northern District of Georgia on May 23, 2025, granted preliminary approval of the nationwide class settlement the company reached on December 9, 2024, resolving antitrust claims over real estate agent commissions.
The class action was brought by 1925 Hooper LLC and other home sellers in the court's Atlanta Division, Case No. 1:23-cv-05392-SEG, and is one of a series of lawsuits alleging that industry rules inflated agent commissions. Under the settlement, eXp agreed to pay 34 million dollars into a qualified settlement fund and to change certain business practices, with half of the cash due within 30 business days of preliminary approval and the rest within a year of the first payment.
The settlement remains subject to final court approval and will become effective following any appeals process.
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