Fathom is the latest brokerage to settle the commission lawsuits [Yahoo! Finance]
Fathom Holdings Inc. (FTHM)
Company Research
Source: Yahoo! Finance
In a document filed with the on Monday, Fathom notified shareholders of its decision to settle the antitrust claims related to the Siter/Burnett suit. The agreement settles all related claims nationwide and Fathom noted that the settlement is not an admission of liability or an acknowledgment of the validity of any of the suit's claims. Per the settlement, Fathom will pay $500,000 into a settlement fund within five days of the settlement gaining final approval from the court and an additionally $500,000 on or before October 1, 2025. Fathom will then pay a final installment of $1.950 million on or before Oct. 1, 2026. In the filing, Fathom told shareholders that it “believes that it has, and will generate, adequate funds to make these payments without compromising its business.” Additionally, Fathom noted that as part of the settlement it has agreed to adhere to the rule and business practice changes outline in the nationwide commission lawsuit settlement agreement “Our unwave
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FTHM
News
- Fathom Holdings Announces $5 Million Convertible Note Private Placement to Accelerate Agent and Transaction GrowthPR Newswire
- Fathom Realty Earns Top Ranking for Agent Satisfaction Among Nation's Largest Real Estate Companies [Yahoo! Finance]Yahoo! Finance
- Fathom Realty Earns Top Ranking for Agent Satisfaction Among Nation's Largest Real Estate CompaniesPR Newswire
- Fathom Holdings Settles Commission LawsuitsPR Newswire
- Fathom Holdings to Present at the 2024 Gateway Conference on September 4thGlobeNewswire
FTHM
Earnings
- 8/12/24 - Beat
FTHM
Sec Filings
- 9/27/24 - Form 4
- 9/27/24 - Form 8-K
- 9/16/24 - Form 8-K
- FTHM's page on the SEC website