{"schema_version":"secwatch.filing_event.v1","accession":"0001563190-24-000053","form_type":"8-K","ticker":"COMP","cik":"0001563190","company_name":"Compass, Inc.","filed_at":"2024-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.618898+00:00","generated_at":"2026-06-04T09:02:42.122698+00:00","sec_items":["7.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Compass settles nationwide commission class actions for $57.5M, agrees to practice changes","bullets":["Agreed to pay $57.5M into settlement fund, 50% within 30 days of preliminary approval, balance within one year.","Expects to record $57.5M pre-tax charge in Q1 2024; does not expect material impact on future operations.","Settlement resolves Umpa v. NAR and Gibson v. NAR; releases Compass, subsidiaries, and agents from claims.","Business practice changes include requiring clear disclosure that commissions are negotiable and prohibiting listing-sort by commission offers.","Settlement is not an admission of liability; subject to preliminary and final court approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001563190-24-000053","json":"https://secwatch.observer/filing/0001563190-24-000053.json","markdown":"https://secwatch.observer/filing/0001563190-24-000053.md","text":"https://secwatch.observer/filing/0001563190-24-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1563190/000156319024000053/0001563190-24-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1563190/000156319024000053/comp-20240321.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T09:02:42.122698+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"}