What is the name of the Moehrl-related antitrust litigation filed by plaintiffs Scott and Rhonda Burnett, relevant to Remax?

According to Remax's 2025 Franchise Disclosure Document, one of the Moehrl-related antitrust litigations was filed by plaintiffs Scott and Rhonda Burnett, among others, in the Western District of Missouri. This legal action is referred to as the "Burnett Action." The court granted class certification for the plaintiffs on April 22, 2022, and a trial was initially scheduled for October 2023.

On September 15, 2023, Remax entered into a Settlement Term Sheet to resolve all claims set forth in both the Burnett Action and the Moehrl Action. The document specifies that the Settlement Agreement does not represent an admission of liability or validity of any claim by Remax. The company decided to settle after weighing the risks and costs associated with continuing the litigation.

On October 31, 2023, after a trial, the jury in the Burnett Action found an unlawful conspiracy and awarded approximately $1.8 billion against the remaining defendants, which did not include Remax due to the Settlement Agreement. Subsequently, other defendants like Keller Williams and NAR also reached settlements with the plaintiffs, involving both monetary payments and changes to business practices. These settlements and the ongoing appeals process highlight the complex and potentially costly legal landscape Remax operates in, making it crucial for prospective franchisees to stay informed about these developments.