The U.S. Department of Justice said that two California real estate investors have agreed to plead guilty for their part in bid-rigging conspiracies at public foreclosure auctions, bringing the number of people copping to antitrust crimes in the DOJ’s northern California investigation up to 29.
DOJ brings felony charges against real estate investors
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HomeServices settles commission lawsuits for $250M
HomeServices of America, the last remaining defendant in the landmark Sitzer/Burnett commission case, has agreed to pay $250 million in damages to settle lawsuits that will change agent compensation.
