Douglas Elliman (DOUG) is facing questions from the Justice Department over Oren and Tal Alexander, the former real estate agent stars who were arrested this month on charges of sex trafficking, reported Bloomberg. The DOJ is seeking information about their years of working with the firm and he brokerage has been preparing to hand over records, including details turned up in internal reviews as lawsuits emerged against the brothers, sources told Bloomberg’s Paulina Cachero and Sridhar Natarajan.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DOUG:
- Douglas Elliman Reports Revenue Growth Amidst Strategic Expansion
- Douglas Elliman reports Q3 EPS (8c), consensus (4c)
- Douglas Elliman board pushed for CEO’s exit amid culture concerns, WSJ says
- Douglas Elliman Inc. Announces New Leadership Transition
- Douglas Elliman appoints Michael Liebowitz as CEO
Questions or Comments about the article? Write to editor@tipranks.com