Gibson, Batton plaintiffs object to final approval of eXp, Weichert settlements

"In the filing, the Gibson plaintiffs maintain their earlier claims that eXp and Weichert conducted a reverse auction to arrive at their settlement agreements and settlement amounts. As the Hooper litigation was not as far along as the Gibson suit when settlements were reached, and this was the first suit for the Hooper plaintiffs' attorneys, they feel that in allegedly conducting a reverse auction with the Hooper plaintiffs, eXp and Weichert engaged in unfair procedures that produced inadequate settlements."

"The settlement defines released claims as any and all manner of federal and state claims regardless of the cause of action in any way arising from or relating to conduct that was alleged or could have been alleged in the Action arising from or related to any or all of the same factual predicates for the claims alleged in the Action, including but not limited to compensation negotiat"

Don Gibson, Jeremy Keel, and Daniel Umpa object to the settlement, alleging eXp and Weichert conducted a reverse auction to set settlement agreements and amounts. The Gibson plaintiffs contend the Hooper litigation was less advanced and that Hooper plaintiffs' counsel were newer, producing allegedly unfair procedures and inadequate settlements; they ask that the settlements be rejected. The reverse-auction claim was first raised in October 2024 and later extended to include Weichert after its November 2024 settlement with the Hooper plaintiffs. Judge Mark H. Cohen denied the Gibson plaintiffs' motion to intervene or transfer the suit in March. James Mullis separately objects to broadly defined released claims in related settlements.

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