{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-000062","form_type":"8-K","ticker":"EXPI","cik":"0001495932","company_name":"eXp World Holdings, Inc.","filed_at":"2025-01-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.778809+00:00","generated_at":"2026-05-28T06:31:42.547829+00:00","sec_items":["1.01","9.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"eXp World Holdings settles class-action lawsuit for $34M, agrees to practice changes","bullets":["Settlement amount $34M; 50% due within 30 business days after preliminary court approval, remainder within one year.","Resolves nationwide class action (1925 Hooper LLC et al.) over real estate commission practices; releases eXp and agents from claims.","eXp to implement practice changes: no rule requiring agent compensation offers, disclose commissions negotiable, no sorting by offers of compensation.","Settlement subject to court approval; no admission of liability; eXp expects a $34M pre-tax charge.","Payment to be made into a qualified settlement fund; company will record charge in financial statements."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-000062","json":"https://secwatch.observer/filing/0001558370-25-000062.json","markdown":"https://secwatch.observer/filing/0001558370-25-000062.md","text":"https://secwatch.observer/filing/0001558370-25-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1495932/000155837025000062/0001558370-25-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1495932/000155837025000062/expi-20241209x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T06:31:42.547829+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}