The lawsuit against eXp board members alleges they mishandled sexual assault allegations, failed to provide adequate reporting systems, and fostered a culture of fear around complaints.
The complaints emphasize that the company’s diversity director was obstructed from understanding or improving processes for reporting sexual misconduct, demonstrating systemic issues within eXp's culture.
Shareholders claim that the board's actions breached their fiduciary duty, contributing to a toxic work environment that minimized the severity of sexual misconduct incidents.
With multiple lawsuits surrounding allegations of sexual abuse, eXp World Holdings faces significant scrutiny, prompting shareholders to express dissatisfaction through legal action against the board.
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