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Top related persons:
Cohen Milstein Sellers - 2 Warren Buffett's Berkshire Hathaway - 1 HomeServices - 1 Benjamin D - 1 Brown - 1 Chris Kelly - 1 Kelly - 1 Buyers - 1
Top related locs:
America
Top related orgs:
National Association of Realtors - 2 Warren - 1 Business - 1 Service - 1 Realtors - 1 Street - 1 Washington Post - 1

Search resuls for: "Cohen Milstein Sellers"


6 mentions found


☆ Warren Buffett's real-estate firm will spend $250M to get out of legal hot water
  + stars: | 2024-04-26 | by ( Geoff Weiss | ) www.businessinsider.com   time to read: +1 min
A real-estate brokerage owned by Warren Buffett's Berkshire Hathaway has agreed to pay $250 million to settle a lawsuit over its commission fees, according to plaintiffs in the case. AdvertisementHome sellers had sued HomeServices of America, alleging it conspired to force sellers to pay inflated agent commissions. Related stories"As we move beyond this settlement, our focus remains steadfast on ethical operations, industry integrity, and delivering value," Kelly said. AdvertisementThe group of home sellers, in this case, had also sued other brokerages and have scored millions in settlements already. Among the payouts is a whopping $418 million from the National Association of Realtors that has shaken up the real-estate industry.
Persons: Warren Buffett's Berkshire Hathaway, HomeServices, Benjamin D, Brown, Cohen Milstein Sellers, Chris Kelly, Kelly Organizations: Warren, Business, National Association of Realtors Locations: America
☆ Realtor's settlement means buyers might save money on their new homes, but they'll be doing more work themselves
  + stars: | 2024-03-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com   time to read: +3 min
Buyers' agents will no longer charge 6% commission fees for helping buyers purchase a house. However, the lowered commissions may mean buyers have to do more work themselves. And while the new rules around Realtors' commission fees mean buyers may save thousands of dollars on their homes, they may also end up doing more work themselves to find and purchase new houses. Other sellers, the outlet reported, won't offer any commission to pay a buyer's agent at all in a process called decoupling. If the seller doesn't shell out for the buyers' agent fees, as real estate transactions have typically been structured, this will leave the buyer's agent commission negotiations — and potentially the out-of-pocket payment for their fees — up the the buyer.
Persons: Buyers, —, Robby Braun, Cohen Milstein Sellers, Toll, they're, Toby Schifsky, Kaplan, BI's Grace Eliza Goodwin Organizations: National Association of Realtors, Service, Realtors, Street, Washington Post
☆ Exxon settles Indonesia torture case that led to SEC official’s ouster
  + stars: | 2023-05-16 | by ( ) edition.cnn.com   time to read: +2 min
Reuters —Exxon Mobil on Monday settled a long-running human rights lawsuit with villagers who claimed soldiers Exxon hired to guard a natural gas facility in Indonesia committed murder and torture. The two sides said in a Washington, DC federal court filing that they had resolved the 2001 case. Agnieszka Fryszman, a lawyer for the Indonesian villagers at law firm Cohen Milstein Sellers & Toll, said the terms are confidential. The lawsuit also sought to hold Exxon accountable for alleged atrocities committed by the soldiers. Oh, who did not return to the law firm after her SEC resignation, did not immediately respond to a request for comment.
☆ Late Bed Bath & Beyond CFO Dropped From Suit Alleging Collusion With Ryan Cohen
  + stars: | 2022-11-02 | by ( Jennifer Williams-Alvarez | ) www.wsj.com   time to read: +5 min
“There’s plenty of grief in his family, and us making it even worse didn’t seem worth it,” Mr. Toll said. Gone are claims from the original 24-page complaint that Mr. Arnal and Mr. Cohen colluded to boost the company’s share price. Bed Bath & Beyond and Mr. Cohen, along with JP Morgan Securities LLC, are still named as defendants in the suit, which seeks class-action status. Mr. Cohen unloaded his entire stake in Bed Bath & Beyond in mid-August. Bed Bath & Beyond shares traded around $4.05 on Wednesday, down more than 70% since the beginning of the year.
☆ Late Bed Bath & Beyond CFO Dropped From Shareholder Suit
  + stars: | 2022-11-02 | by ( Jennifer Williams-Alvarez | ) www.wsj.com   time to read: +5 min
Gone are claims from the original 24-page complaint that Mr. Arnal and Mr. Cohen colluded to boost the company’s share price. Bed Bath & Beyond has said the lawsuit was without merit. Bed Bath & Beyond and Mr. Cohen, along with JP Morgan Securities LLC, are still named as defendants in the suit, which seeks class-action status. Bed Bath & Beyond shares traded around $4.05 on Wednesday, down more than 70% since the beginning of the year. Mr. Toll said he hadn’t heard from Bed Bath & Beyond or Mr. Arnal’s estate leading up to the filing of the amended complaint.
☆ Anthony Rapp-Kevin Spacey trial unfairly implicates #MeToo
  + stars: | 2022-10-21 | by ( Michael Dolce | A Survivor Of Child Sex Abuse | Is A Litigation Lawyer At Cohen Milstein Sellers | ) www.nbcnews.com   time to read: +7 min
In her opening statement, Spacey attorney Jennifer Keller squarely targeted the #MeToo movement: “One of the cardinal rules of the so-called MeToo movement [is] that you have to believe the victim. It was cleverly set up by Mr. Rapp.”And while testifying in trial, Spacey denied any wrongdoing and blamed his Twitter response for being the product of misguided “crisis” management against the backdrop of the #MeToo movement. He reiterated his embrace of the #MeToo movement after losing the trial. There was no reason to allow the trial to demonize a movement that encourages reporting sex crimes and discourages sexual abuse. How the trial was conducted matters to people other than Rapp and Spacey.
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