{"id":7140,"date":"2024-04-30T07:28:12","date_gmt":"2024-04-30T05:28:12","guid":{"rendered":"https:\/\/oxfordwisefinance.com\/blog\/screwed-over-home-sellers-cant-have-any-of-warren-buffetts-giant-pile-of-cash\/"},"modified":"2024-04-30T07:28:22","modified_gmt":"2024-04-30T05:28:22","slug":"screwed-over-home-sellers-cant-have-any-of-warren-buffetts-giant-pile-of-cash","status":"publish","type":"post","link":"https:\/\/oxfordwisefinance.com\/blog\/screwed-over-home-sellers-cant-have-any-of-warren-buffetts-giant-pile-of-cash\/","title":{"rendered":"Screwed-Over Home Sellers Can\u2019t Have Any Of Warren Buffett\u2019s Giant Pile Of Cash"},"content":{"rendered":"<p>  <br \/>\n<br \/><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/dealbreaker.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MTYxMjc3MTE1MDM0NTc2ODYw\/warren-buffett.jpg?w=1140&#038;ssl=1\" \/><\/p>\n<p>Warren Buffett and Berkshire Hathaway are resting on $150 billion-plus in money. And not one goddamned cent of it will go to tidying up the real-estate brokerage service\u2019 huge mess if they have anything to state about it.<\/p>\n<blockquote>\n<p>Christopher Dusseault, an outdoors counsel for HomeSolutions, stated the business informed complainants that Berkshire wasn\u2019t going to compose a big check to settle the matter.\u2026 If Berkshire had actually rather actioned in to bail out its subsidiary, it would have set a precedent that might make other business under its umbrella an attractive target for lawsuits. <\/p>\n<\/blockquote>\n<p>\u201cThe matter,\u201d naturally, is the lawsuits versus the U.S.\u2019s real estate agents for bilking home sellers out of billions of dollars through artificially-inflated commissions. After being slapped with a $1.8 billion jury decision\u2014one which might have leapt to $5 billion\u2014the National Association of Realtors and numerous huge brokerages rapidly opted for a fair bit less, else the whole brokerage market may well have actually declared bankruptcy. Which is precisely what would have taken place to Berkshire-owned HomeSolutions had complainants declined a rather paltry $250 million from it, bringing the overall attained to less than $1 billion.<\/p>\n<p>Not that these offers are always completion of the matter.<\/p>\n<blockquote>\n<p>Benjamin Brown, a complainant lawyer at Cohen Milstein, stated complainants can continue to pursue claims versus Berkshire Hathaway Energy. \u201cWe don\u2019t accept that none of the Berkshire Hathaway entities have liability here,\u201d Brown stated.<\/p>\n<\/blockquote>\n<p>Warren Buffett\u2019s Real-Estate Firm Settles Antitrust Matter for $250 Million [Mansion Global]<\/p>\n<p> <em>For more of the most recent in lawsuits, guideline, offers and monetary services patterns, register for Finance Docket, a collaboration in between Breaking Media publications Above the Law and Dealbreaker.<\/em><\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/dealbreaker.com\/2024\/04\/screwed-over-home-sellers-cant-have-any-of-warren-buffetts-giant-pile-of-cash\" rel=\"nofollow\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Warren Buffett and Berkshire Hathaway are resting on $150 billion-plus in money. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7142,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","pagelayer_contact_templates":[],"_pagelayer_content":"","iawp_total_views":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[142,301],"tags":[],"class_list":["post-7140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-business","category-real-estate","col-md-12"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Screwed-Over Home Sellers Can\u2019t Have Any Of Warren Buffett\u2019s Giant Pile Of Cash - Blog - Oxford Wise Finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/oxfordwisefinance.com\/blog\/screwed-over-home-sellers-cant-have-any-of-warren-buffetts-giant-pile-of-cash\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Screwed-Over Home Sellers Can\u2019t Have Any Of Warren Buffett\u2019s Giant Pile Of Cash - Blog - Oxford Wise Finance\" \/>\n<meta property=\"og:description\" content=\"Warren Buffett and Berkshire Hathaway are resting on $150 billion-plus in money. 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