Independent Brokerages Receive Settlement Approval After Short Hearing — RISMedia

Another six brokerages received more assurance that their settlement deals in seller-filed class-action commission lawsuits will go through, as Judge Stephen R. Bough of the Western District of Missouri gave his final approval to six more deals following a short hearing yesterday.

NextHome, The Keyes Company and Illustrated Properties, John L. Scott, LoKation, Real Estate One and Baird & Warner saw no objections to their agreements in the largest Burnett copycat case, known as Gibson. The hearing lasted a little over 15 minutes, according to court filings.

Most of these defendants were added to the lawsuit in April of last year, when the attorneys behind Burnett made it clear they would be suing every company left out of the deal struck by the National…