Opendoor settles for $62M, FTC wins big

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Artur Stańczuk
April 7, 2024
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Summary:

Opendoor Technologies Inc. compensates 55,000 home sellers with nearly $62M, following FTC allegations of misleading marketing practices. This settlement, amidst Opendoor's financial strains and a near $1B loss, underscores the FTC's stringent oversight.

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