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The latest announcement is out from Newmark Group ( (NMRK) ).
On February 7, 2025, Newmark Group, Inc. and its Board of Directors entered into a settlement agreement with a class of stockholders to resolve litigation related to a 2021 cash bonus and partnership unit exchanges involving the company’s executive chairman. The settlement, pending court approval, will be funded by insurance and includes no admission of liability. This agreement aims to avoid prolonged litigation and its associated uncertainties, costs, and delays.
More about Newmark Group
Newmark Group, Inc. is a publicly traded full-service commercial real estate services firm. It was spun off from BGC Group, Inc. in 2017 and is assigned the right to receive Nasdaq shares from a previous transaction involving BGC. Newmark is involved in managing real estate transactions and services.
YTD Price Performance: 9.89%
Average Trading Volume: 954,290
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.36B
For detailed information about NMRK stock, go to TipRanks’ Stock Analysis page.
