Douglas Elliman Inc. reached a settlement agreement regarding the Strougo derivative litigation filed on November 14, 2025. The settlement involves a $17.5 million payment to the company, which will be funded by insurers. The settlement amount is subject to reductions for attorney fees and expenses as determined by the Court. The company has agreed to implement specific corporate governance enhancements and reforms as part of the settlement. A settlement fairness hearing is scheduled for June 29, 2026.