---
schema_version: "secwatch.filing_event.v1"
accession: "0001382821-24-000055"
form_type: "8-K"
ticker: null
cik: "0001382821"
company_name: "Redfin Corp"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:53:48.824905+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Redfin agrees to $9.25M settlement in nationwide commission class action lawsuits

## Summary
- To settle nationwide class actions Gibson v. NAR and Umpa v. NAR in W.D. Mo., Redfin will pay $9.25M into a qualified settlement fund.
- Settlement does not require admission of liability; Redfin does not validate the claims asserted.
- Expects a $9.25M pre-tax charge in Q1 2024, excluded from Adjusted EBITDA calculation.
- Company does not expect the terms to have a material impact on future operations.

## SEC filing metadata
- accession: 0001382821-24-000055
- form_type: 8-K
- cik: 0001382821
- company_name: Redfin Corp
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1382821/000138282124000055/0001382821-24-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1382821/000138282124000055/rdfn-20240503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001382821-24-000055
- JSON: https://secwatch.observer/filing/0001382821-24-000055.json
- Plain text: https://secwatch.observer/filing/0001382821-24-000055.txt

## Key facts
- Earnings Releases
  Redfin Corp reported financial results for the quarter ended March 31, 2024.
  - Period: the quarter ended March 31, 2024
  - Result: reported results
  source text: We are furnishing this information under Item 2.02 solely to report the $9.25 million pre-tax charge for the Settlement Amount (as defined below) that we expect to record during the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1382821/000138282124000055/0001382821-24-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.