Realogy CEO Ryan Schneider (Credit: iStock) After suing a competitor over “illicit” business practices this week, real estate conglomerate Realogy is being accused of securities fraud. The Rosen Law Firm on Thursday filed a federal lawsuit in the U.S. District Court of New Jersey against Realogy, its former CEO Richard Smith, current CEO Ryan Schneider, […]
Realogy slams Compass with explosive suit
Realogy CEO Ryan Schneider and Compass CEO Robert Reffkin Compass was slammed with an explosive and wide-ranging lawsuit Wednesday accusing the SoftBank-backed brokerage of price-fixing and collusion, theft of confidential information and unfair business practices. The 68-page document was filed by Realogy, the country’s largest brokerage conglomerate. In the opening paragraph, Realogy alleges Compass’ “unfair business […]
DOJ demands CoreLogic hand over MLS data amid antitrust concerns
CoreLogic CEO Frank Martell (Credit: iStock) The U.S. Justice Department is demanding multiple listings service vendor CoreLogic hand over data, as scrutiny intensifies over antitrust claims in the sector. CoreLogic, a financial services and analytics firm, notified clients of the request this week, according to Inman. The company stated that the Justice Department had asked […]
In the US’s most expensive housing market, Stanford says no to affordable housing
Stanford University in California (Credit: Wikipedia) Stanford University is fighting with local officials over whether its expansion plans include enough affordable housing, one of the most controversial issues in Silicon Valley. The college is suing Santa Clara County over a law that requires a certain amount of every new housing development to be priced lower […]
FuckJerry Is Now Being Sued for Allegedly Stealing Copyrighted Content
Meme account FuckJerry has a reputation for stealing content from other online creators, and repackaging it for commercial gain. After months of complaints and backlash—including a #FuckFuckJerry campaign on social media—one content creator is taking FuckJerry founder Elliot Tebele and his company, Jerry Media, to court. A lawsuit filed this week alleges that a Twitter […]
Michael Cohen sues Trump Org. alleging unpaid legal fees
Michael Cohen and Donald Trump (Credit: Getty Images) President Trump and his namesake real estate company owe their former attorney Michael Cohen more than $1.9 million in legal fees, Cohen alleged in a Thursday lawsuit. The fees stem from more than a year of investigations into Trump’s 2016 presidential campaign. In the complaint, Cohen says […]