Douglas Elliman Enters Settlement Agreement To Resolve Certain Brokerage Commission Litigation
Douglas Elliman Inc 
DOUG:
DOUGLAS ELLIMAN INC. ENTERS INTO SETTLEMENT AGREEMENT TO RESOLVE CERTAIN BROKERAGE COMMISSION LITIGATION
DOUGLAS ELLIMAN INC: AGREED TO PAY $7.75 MILLION WITHIN 30 BUSINESS DAYS OF PRELIMINARY APPROVAL OF SETTLEMENT BY COURT
DOUGLAS ELLIMAN INC: AGREED TO PAY UP TO TWO ADDITIONAL $5 MILLION CONTINGENT PAYMENTS BETWEEN DECEMBER 31, 2025 AND DECEMBER 31, 2027
DOUGLAS ELLIMAN INC: DENIES MATERIAL ALLEGATIONS ASSERTED AGAINST IT
DOUGLAS ELLIMAN INC: AGREED TO MAKE CERTAIN CHANGES IN ITS UNDERLYING BUSINESS PRACTICES