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The balance request includes additional damages for legalfees and a jury trial. Tal and Oren Alexander were superstars among real estate agents in New York City and Miami, having represented ultra wealthy clients at Douglas Eliman before leaving to found Official in 2022. million promissory note Side extended in April.
The company argues that the charges could incentivize the brothers to use the collateral to cover the steep costs of the legalfees to fight the charges, as well as the potential financial costs related to posting bail. They represented ultrawealthy and celebrity clients.
Our unwavering commitment to providing excellent service to our agents, clients, and customers remains steadfast,” Marco Fregenal , the CEO of Fathom Holdings, said in a statement. “We In settling the commission lawsuits, Fathom joins NextHome , The Keyes Co.
The company said in a statement that the settlement was the “best course of action as it will save United Real Estate significant legalfees and allow the company to move forward.” The brokerage said it has also agreed to adhere to certain business practice changes, which are not being disclosed at this time.
These customers paid overdraft/insufficient funds fees or faced temporary account freezes. In addition, it faced legalfees due to 10 class-action lawsuits and at least two individual lawsuits. Mr. Cooper alleges that the incident made media headlines nationwide, damaging its reputation. ACI did not admit any wrongdoing.
This includes compensation for meal and rest periods that were allegedly unfulfilled, as well as expenses incurred by the class for their job duties and any legalfees that may arise from the case.
In addition, it resulted in legalfees due to 10 class actions and at least two individual lawsuits. Some customers faced overdrafts and/or insufficient funds fees on their bank accounts, while other customers’ depository institutions placed temporary account freezes. .” In total, ACI initiated around 1.4
CoStar also seeks monetary damages stemming from the costs and legalfees resulting from the suit. In the meantime, CoStar Group will continue to focus on innovating its ever-improving products that deliver the maximum value to our clients.” Editor’s note: This story has been updated with a statement from CoStar Group.
Having owner’s title insurance means the cost of defense and legalfees that typically would be the homeowner’s responsibility instead are paid by the title insurer. Recently, an attorney shared with me how one of her clients purchased a home in Connecticut.
Tal and Oren Alexander were among the most successful real estate agents in New York and Miami, leveraging their fathers connections in the industry to build a lucrative rolodex of ultraweather and celebrity clients. At the same time, Tal, Oren and Orens twin brother Alon were dealt a loss in the federal sex trafficking case.
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