An executive with Cushman & Wakefield (NYSE: CWK) has been targeted in the ongoing corruption probe into New York City Mayor Eric Adams. The New York Times reported Diana Boutross, a vice chairwoman at Cushman & Wakefield, had her electronic devices seized by...
The Federal Trade Commission (FTC) announced a settlement with Marriott International Inc. (NASDAQ: MAR) and its subsidiary Starwood Hotels & Resorts Worldwide LLC related to three large data breaches between 2014 to 2020 impacting more than 344 million customers...
The U.S. Department of Justice (DOJ) announced its first redlining settlement with a credit union in its $6.5 million agreement with the $6 billion-assets Citadel Federal Credit Union. The DOJ alleged that Citadel failed to provide mortgage lending services to...
The Chicago Community Loan Fund (CCLF), a nonprofit Community Development Financial Institution with nearly $200 million in assets, announced the retirement of Calvin L. Holmes after nearly 30 years with the organization, including over 26 as president. Holmes joined...
The National Association of Realtors (NAR) has requested the U.S. Supreme Court to review whether the U.S. Department of Justice (DOJ) has the right to reopen an antitrust investigation that was resolved in a 2020 settlement. NAR’s writ of certiorari argues that the...
The start-up American Real Estate Association (AREA) is soliciting input from real estate professionals to become involved in a potential class action lawsuit against the National Association of Realtors’ (NAR) Clear Cooperation Policy. “Many real estate professionals...
