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The lawsuit claims that Coldwell Banker-affiliated real estate agents associated with Realogy Holdings Corp. and its affiliates violated the TCPA by calling Plaintiffs and others to solicit real estate business on telephone numbers registered on the National Do Not Call Registry and/or by calling Plaintiffs and others using a prerecorded message. Realogy and its affiliates deny they did anything wrong. The Court has not yet decided who is right.
A $20 million settlement has been proposed to resolve the lawsuit. While we cannot know the amount each Settlement Class Member will receive until all claims are submitted, if 15% of Settlement Class Members make Approved Claims, then each Settlement Class Member who submits an Approved Claim will receive approximately $281. This number is only an estimate and could be higher or lower depending on the number of claims submitted.