The Real Brokerage and its former chief financial officer Michelle Ressler have reached a settlement agreement in the lawsuit Ressler filed in early June 2025.
Filed in the U.S. District Court for the Southern District of New York, the lawsuit claims that Real orchestrated Ressler’s termination under false pretenses and replaced her with a less qualified male employee. In the suit, Ressler, who was relieved of her role as CFO in April, claimed that she was pushed out of the company after becoming pregnant and taking maternity leave.
In a joint update letter filed on Thursday, Allison Van Campen, Ressler’s attorney, told Judge Analisa Torres that following mediation on Oct. 30, the parties reached “a settlement in principle.”
In the letter, Van Campen told Judge Torres that the parties were asking the court to extend all deadlines until December 17, 2025, while they finalize the terms of a written settlement agreement and fully resolve the matter.
The parties agreed to go into mediation in late August.
Due to their decision to settle the lawsuit, Judge Torres issued a ruling dismissing the lawsuit on Thursday.
Ressler joined Real in July 2020 as vice president of finance and was promoted to CFO three months later.
Real did not immediately return HousingWire’s request for comment.
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