Fathom Holdings Unit Agrees to $3 Million Settlement

MT Newswires Live
17 Sep 2024

Fathom Holdings' (FTHM) Fathom Realty unit said Monday it settled claims asserted in Burnett v. The National Association of Realtors., et al. for nearly $3 million.

The company said it will pay $500,000 into a settlement fund within five days after the settlement is approved by the court, another $500,000 on or before Oct. 1, 2025, and $2 million on or before Oct. 1, 2026.

Additionally, Fathom Realty agreed to comply with rule changes put forward by National Association of Realtors.

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