Judge Patti Saris of the U.S. District Court in Boston granted the Department of Justice's request to extend all settlement related deadlines in the Nosalek buyer broker compensation class action lawsuit on Tuesday.
In a statement of interest filed last Thursday, the DOJ noted that it had significant concerns about the proposed antitrust settlement agreement between home sellers and MLS Property Information Network (MLS PIN).
Originally filed in December 2020, the Nosalek lawsuit, named after its lead plaintiff, alleges that the broker-owned MLS PIN is not directly required to abide by the National Association of Realtors (NAR) rules. However, it has nonetheless adopted a rule similar to a NAR rule requiring listing brokers to offer a blanket, unilateral offer of compensation to buyer brokers in order to submit a listing to MLS PIN.
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