Real Reaches Settlement in Principle in Litigation With Former CFO
News > Business News
Audio By Carbonatix
11:12 AM on Saturday, November 8
The Associated Press
MIAMI--(BUSINESS WIRE)--Nov 8, 2025--
The Real Brokerage Inc. (NASDAQ: REAX), a leading real estate technology platform redefining the industry through innovation and culture, today announced that, on Nov. 5, 2025, it reached a settlement in principle in the litigation with its former Chief Financial Officer, Michelle Ressler. The court action has been dismissed by the court.
Pursuant to the settlement in principle, Real will make no payment to Ms. Ressler. In addition, pursuant to the settlement in principle, Ms. Ressler will reimburse Real for personal charges made on the Company’s corporate credit card.
The parties are working to finalize the terms of a written settlement agreement to fully resolve this matter.
About Real
Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simpler. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence in all 50 states throughout the U.S. and Canada, Real supports over 30,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses. Additional information can be found on its website at www.onereal.com.
Forward-Looking Statements
Some of the statements in this press release are “forward-looking statements,” as that term is defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the litigation. These forward-looking statements are subject to risks, uncertainties and assumptions, including the risk of slowdowns in real estate markets, economic and industry downturns and Real’s ability to attract new agents and retain current agents. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements. They include the risks discussed under the heading “Risk Factors” in the Company’s Annual Information Form dated March 6, 2025, and “Risks and Uncertainties” in the Company’s Quarterly Management’s Discussion and Analysis for the period ended September 30, 2025, copies of which are available under the Company’s SEDAR+ profile at www.sedarplus.ca. It is not possible for management to predict all the possible risks that could affect Real or to assess the impact of all possible risks on Real’s business.
View source version on businesswire.com:https://www.businesswire.com/news/home/20251108129269/en/
CONTACT: Investor inquiries, please contact:
Loren Irwin
Director, Investor Relations and Financial Reporting
908.280.2515For media inquiries, please contact:
Janice McDill
Public Relations
201.564.4221
KEYWORD: FLORIDA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: TECHNOLOGY RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE SOFTWARE CONSTRUCTION & PROPERTY ELECTRONIC COMMERCE
SOURCE: The Real Brokerage Inc.
Copyright Business Wire 2025.
PUB: 11/08/2025 02:12 PM/DISC: 11/08/2025 02:12 PM
http://www.businesswire.com/news/home/20251108129269/en