Redfin, Compass Gain Approval for Settlement in Commissions Case

Online real estate brokerage Redfin Corp. and Compass Inc. are among nine companies that gained approval for a $110 million deal resolving claims they inflated real estate commissions in violation of antitrust law.

Judge Stephen R. Bough of the US District Court for the Western District of Missouri approved the settlement at a hearing Thursday, said Steve Berman, attorney for the plaintiffs and managing partner at Hagens Berman Sobol Shapiro LLP. The deal is in addition to others submitted for approval in a related suit, bringing total monetary value of settlements across both cases to more than $1 billion. ...