Newmark

Settlement from Lutnick Allows Him to Retain $50 Million Bonus Amid Controversy

17 hours ago

In a recent development, Howard Lutnick, the CEO of Cantor Fitzgerald, has reached an amicable settlement concerning a disputed $50 million bonus linked to Newmark Group Inc., a commercial real estate services firm. The settlement not only clears the air over financial disputes but also allows Lutnick to retain the hefty sum that has been under scrutiny.

Cantor Fitzgerald's Lutnick Reaches Settlement in $50 Million Newmark Bonus Dispute

19 days ago

In a significant development for the financial world, Howard Lutnick, the CEO of Cantor Fitzgerald and Newmark Group, has reached a settlement regarding a contentious $50 million bonus. This matter stemmed from Lutnick's legal fallout with his former partners, who initiated the lawsuit last year, claiming that Lutnick had engaged in wrongful conduct associated with the lucrative bonus package that was tied to Newmark's financial success.

Matthew Lutnick to Divest BGC Partners and Newmark Interests Following Government Appointment

3 months ago

In a significant development within the financial sector, Matthew Lutnick has announced plans to divest his interests in BGC Partners Inc. and Newmark Group Inc. This decision comes shortly after his appointment to a government position, prompting the need for a clear separation between his public duties and private investments. The move reflects ongoing trends in corporate governance and compliance as individuals transition into roles within the government.