Judge Stephen R. Bough, who ruled on Sitzer | Burnett, said Gibson deals "provide a significant financial recovery to the Settlement Class in light of the strengths and weaknesses of the case."
The allegations launched by two former employees claim that closing statements had been altered to bump up agent commissions, with a particular bias in favor of the Altman Brothers team.
Power couple calling it quits after 13 years and 11 seasons on the hit reality real estate show. "We were babies when we started the show," Josh Altman told "People."
Durkin's departure was announced in an SEC filing on Monday and came after reports emerged about the nature of former Elliman CEO Howard Lorber's retirement, which was allegedly pressured by Elliman's board.
Lorber had served as chairman since 2003 but in the months leading up to his retirement faced scrutiny following a pattern of financial losses and the Alexander brothers scandal.
While repping their former marital home, Alyssa Morgan presented her ex, John Jansheski, with a $70 million offer, which he declined. Several months later, he accepted a $57 million offer from the same buyer after he had assigned a new listing agent.
The brokerage exec shared details about his day-to-day at Elliman, thoughts on current industry challenges and how, despite popular opinion, an election year typically has very little impact on the market.
The Tracy Tutor Team founder told Inman about her recent transition into Texas, market challenges and her thoughts on hot-button industry issues like the Clear Cooperation policy.
LA's top luxury agents are continuing to sell at staggering heights despite a variety of market factors working against them, all while keeping their sometimes temperamental celebrity clients happy.
After upgrading to a larger home in Southampton last year, the "RHONY" alum is selling the Bridgehampton property that she has owned since 2013.
After nine years with Compass, Bobby Jones has joined Douglas Elliman as its executive director of luxury sales. Jones specializes in listing waterfront and luxury estates across South Florida.
After learning that Amazon founder Jeff Bezos was behind the entity that had purchased his Indian Creek Island home at a $6 million discount, homeseller Leo Kryss was not pleased with the brokerage, which double-ended the deal.