The National Association of Realtors® (NAR) may spend the holidays in court, as the association is being accused of failing to pay a former employee promised retirement based on the financial strain of previous legal issues. John Pierpoint—NAR’s former and long-time chief financial officer, who was succeeded by Matthew Cendella in 2025—filed a lawsuit against…
Above: Alex Vidal. Photo by AJ Canaria. Shortly after REMAX President Alex Vidal joined the brokerage after three years at ERA Real Estate, Compass—which now owns ERA—filed a lawsuit against Vidal for allegedly violating a non-compete agreement. Filed in Texas on Sept. 19, the case was recently moved to the Delaware Court of Chancery. The…
On Oct. 14, a former employee filed a class-action lawsuit against the tech-based brokerage and listing platform Redfin—and its parent company Rocket—after a data breach this year. The plaintiff, Frankie Moreno, worked for the company from around September 2020 to November 2022. According to the 44-page complaint, Moreno alleges that the data breach compromised the…
A federal securities class-action lawsuit has been filed against national online mortgage lender Better Home & Finance (commonly known as Better), its controversial founder and former CEO Vishal Garg, and its current CFO Loveen Advani. The suit alleges that Better violated federal securities laws by knowingly misleading investors about the company’s potential monthly loan volume…
The battle between tech-focused mortgage disruptor Better.com and its recently ousted Founder and CEO Vishal Garg has no end in sight, as Better’s motion for a temporary restraining order to block what it called a “scorched-earth campaign” by Garg was denied on Aug. 28. U.S. District Judge Margaret M. Garnett of the federal Southern District…
A federal judge has dismissed the majority of federal claims in an antitrust lawsuit brought by four Louisiana real estate brokers challenging the National Association of Realtors®’ (NAR) mandatory three-way membership requirement for MLS access—though the door remains open for the plaintiffs to refile some of those claims. Chief Judge Shelly D. Dick of the…
A new consumer class-action lawsuit was filed against Rocket Companies on Jan. 26 in the U.S. District Court for the Eastern District of Michigan. According to a press release announcing the action, the Michigan-based lending conglomerate is accused of forcing agents to steer clients toward using Rocket Mortgage. This move, according to attorneys at Hagens…
In a switch-up from the company’s previous stance, CoStar has filed an agreement to move its copyright infringement lawsuit against Zillow to Seattle, Washington. In a notice of non-opposition filed Dec. 2, CoStar stated it agrees to transfer the case to the Western District of Washington “in light of new information disclosed by Zillow in…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Lawsuits against Zillow and Redfin consolidated A partnership between Zillow and Redfin has come under litigation, with both the Federal Trade Commission (FTC) and subsequently five state attorneys general filing to block the partnership on…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass’s request for Zillow/Redfin documents currently denied This past week saw new developments in the ongoing litigation between Compass and Zillow, the crux of which is Compass’s objections to Zillow’s new rules that remove listings…
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