Friday 5 June 2020

Judge sustains Realogy’s lawsuit against Compass

A New York judge has denied Compass’ motion to dismiss an explosive lawsuit accusing the brokerage of “predatory” poaching and other wrongdoing. Realogy, the parent company to the Corcoran Group and Coldwell Banker, filed the wide-ranging suit last year, alleging its SoftBank-backed rival engaged in illicit business practices to gain market share “at all costs.” In addition to its motion to dismiss, Compass sought arbitration on the grounds that it and Corcoran are members of



source https://therealdeal.com/2020/06/05/judge-sustains-realogys-lawsuit-against-compass/

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