Core Insights - Real Brokerage settled a lawsuit with its former CFO, Michelle Ressler, who accused the company of discrimination and wrongful termination after her maternity leave [1][2] Financial Performance - In Q3, Real Brokerage reported a net loss of $280,000, an improvement from a loss of $2.5 million in the previous year [4] - The company experienced a 49% increase in transaction count in Q3 and added approximately 2,100 agents to its platform [4] - Gross margin decreased to 7.9% from 8.6% year-over-year, attributed to high-performing agents opting for a per-transaction fee structure [5] Legal and Operational Issues - Ressler's lawsuit highlighted operational challenges, including issues with the Real Wallet agent banking option, which allegedly caused duplicate commission payments and access issues for agents [6] - As part of the settlement, Ressler will reimburse Real for personal charges made on her corporate card, but the company will not make any payment to her [2]

Core Insights - The lawsuit filed by former finance chief Michelle Ressler against Real Brokerage alleges discrimination based on gender and pregnancy, claiming she was fired to make way for a less qualified male successor [7] - Ressler's complaint includes claims for back pay, future lost wages, and benefits, asserting violations of the Family and Medical Leave Act [3][7] - The case is currently in mediation, with a private session scheduled for October 30, 2023, following a request for more time to resolve the issues [7] Company Background - Michelle Ressler, a 40-year-old Black woman and first-time mother, was employed in the financial services and real estate technology sectors, which are noted for being male-dominated [4] - Ressler disclosed her pregnancy in January 2024 and was terminated in April 2025, approximately three months after returning from maternity leave [5] Allegations and Claims - The lawsuit claims that Ressler was fired for "pretextual" reasons related to alleged improper charges on a company card, which she contends were either business-related or an oversight she was willing to rectify [5] - Ressler raised concerns about financial compliance and risk management within the company, which she alleges led to retaliation against her [6]