Fort Lauderdale-based yacht broker Rick Obey has been charged with grand theft, a felony, in a case involving a Wellington man who says he paid Obey $4 million in 2019 but still hasn’t gotten his boat ...

A Fort Lauderdale-based yacht broker is seeking to dismiss a lawsuit alleging that it and numerous other members of South Florida’s yacht industry engage in unfair competition by requiring 10% ...

Two newly filed federal lawsuits claim that 10% sales commissions required by South Florida’s yacht broker industry are anticompetitive and violate antitrust laws. The claims follow an October finding ...

"there is no scheme, no contract, no combination, nor a conspiracy," said one defendant of the antitrust litigation. Denison New Yacht Sales, LLC. and Denison Yacht Sales, Inc., a South Florida yacht ...

A group of yacht sellers failed to prove their claim that members of the yacht brokerage industry colluded to exclude sellers who refuse to pay 10% commissions, a federal judge in Miami has ruled. But ...

SANTA ANA – A former Dana Point yacht broker was sentenced Monday to seven years in prison for stealing more than $1.3 million from 26 people in a fraudulent investment and sales scheme, according to ...

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An elite group of glamourous, party-loving super yacht brokers, ruthlessly competing to take home eye watering commissions on multi-million dollar vessels is the subject on a new reality TV show.