---
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"
generated_at: "2026-05-28T06:31:42.547829+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# eXp World Holdings settles class-action lawsuit for $34M, agrees to practice changes

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: litigation
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-000062
- JSON: https://secwatch.observer/filing/0001558370-25-000062.json
- Plain text: https://secwatch.observer/filing/0001558370-25-000062.txt

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