HomeReleasesHomebuyers May Claim Share of $120 Million Antitru...
Releases

Homebuyers May Claim Share of $120 Million Antitrust Settlement

Homebuyers May Claim Share of $120 Million Antitrust Settlement

Millions of Americans who purchased residential property via a Multiple Listing Service may be eligible for a cash payout following a $120,334,500 class action settlement. The agreement resolves allegations that the National Association of Realtors and various brokerages conspired to artificially inflate real estate commissions nationwide.

The lawsuit, Tuccori et al. v. At World Properties, LLC et al., centers on claims that anticompetitive practices suppressed service quality while burdening buyers with higher costs. While the defendants maintain their innocence and have not admitted to any legal violations, they have opted to settle to avoid the escalating expenses of ongoing litigation. Eligibility is restricted to those who purchased a home listed on an MLS where a brokerage commission was paid. Notably, the settlement excludes home sellers, who are covered under separate legal actions in Missouri.

Claimants have until October 27, 2026, to file for compensation via the official settlement website. The final amount distributed to each individual remains fluid, as it depends on the total volume of valid claims and the specific commissions paid during the relevant periods. The court has scheduled a final fairness hearing for November 2, 2026, to evaluate the terms, including proposed attorney fees and service awards for the class representatives. Those wishing to opt out of the settlement or formally object must submit their requests by September 17, 2026. Failure to take action by these deadlines will result in a forfeiture of payment eligibility while still binding claimants to the court’s ultimate ruling.

Share:TelegramXFacebook

Read Also

Comments (0)

Leave a comment

No comments yet. Be the first!