The recent terminations of Scott Durkin and Howard Lorber at Douglas Elliman Realty were linked to an internal investigation into sexual misconduct allegations and company culture concerns.
A special committee reviewed accusations against high-profile former brokers Tal and Oren Alexander, who faced multiple sexual assault lawsuits and an FBI investigation.
Before their departures, Lorber and Durkin's leadership faced scrutiny not just for sexual misconduct issues, but also for the company's poor financial performance.
Internal reviews indicated that prior investigations were deemed insufficient, exacerbating concerns regarding the relationship between the board and external counsel.
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