On March 19, 2026, RE/MAX, LLC, a subsidiary of RE/MAX Holdings, Inc., entered into a Stipulation and Agreement of Settlement to resolve claims in a pending putative class action lawsuit. The lawsuit, titled Mya Batton et al. v. The National Association of Realtors et al., includes claims against RE/MAX, LLC and other real estate companies. The Settlement Agreement resolves all remaining claims against RE/MAX in the lawsuit that were not released by a previously disclosed settlement of multiple putative class actions. This prior settlement was granted final approval by the United States District Court for the Western District of Missouri, with appeals currently pending.

Under the terms of the Settlement Agreement, RE/MAX has agreed to pay a total settlement amount of $8.5 million to a qualified settlement fund. The payment will be made in two installments: $1.5 million following preliminary court approval of the Settlement Agreement and the remaining $7.0 million following final court approval, subject to any appeals. The Settlement Agreement releases RE/MAX and its affiliates from the claims in the lawsuit, although the company continues to deny the material allegations made against it.

The company’s decision to enter into this settlement comes after careful consideration of the risks and costs associated with continuing the litigation. While the settlement is significant, it is important to note that it does not constitute an admission of liability or concession of the validity of any claims. The company remains focused on its operational execution and strategic outlook as it navigates through this legal matter.

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