Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass closes Anywhere acquisition In a regulatory filing on Jan. 9, Compass announced that its merger with Anywhere Real Estate was officially closed. The deal has faced much scrutiny from the real estate…
Stockholders of Compass and Anywhere Real Estate have overwhelmingly approved the proposed merger between the two real estate giants, clearing the way for the $1.6 billion deal to close as early as Friday, Jan. 9. At special stockholder meetings held Wednesday, Jan. 7, approximately 99% of votes cast at Compass’s meeting approved the proposal to…
Anywhere Real Estate is facing legal challenges as its $1.6 billion merger with Compass moves toward a critical stockholder vote, with three lawsuits alleging insufficient financial disclosures in merger documents. According to an SEC filing on Dec. 29, three complaints have been filed by “purported stockholders of Anywhere” in New York and New Jersey courts…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass and Zillow file final hearing documents, await judge’s ruling Compass and Zillow have both filed their final court documents related to the recent hearing in the two companies’ lawsuit over Zillow’s private…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow calls out CoStar media, litigation strategies in lawsuit response In its first substantive arguments in a high-profile lawsuit with CoStar, Zillow again accused its rival of essentially using legal action to advance…
Defendants in the largest homebuying commission case have filed a motion to strike or delay the plaintiffs’ class certification motion, arguing that a binding federal injunction from the Burnett case invalidates roughly 79% of the proposed class—buyers who also sold homes during a particular time period. The defendants, Anywhere, REMAX and Keller Williams, previously settled…
“In a housing market that’s bouncing along the bottom, Zillow continues to outperform both our outlook and the broader industry,” claimed CEO Jeremy Wacksman during the company’s Q3 2025 earnings call on Thursday, October 30. The call took on a congratulatory tone as Zillow leadership spotlighted strong financial performance and Zillow’s consumer and agent-facing initiatives,…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Judge denies Zillow’s request in Compass lawsuit Judge Jeannette Vargas has denied Zillow’s request to rule on several initial disputes and issues over an injunction in the Compass vs. Zillow lawsuit. Zillow had…
Yesterday, federal Judge Jeannette Vargas of the Southern District of New York ruled on a petition by Zillow regarding the deal for Anywhere, allowing the portal giant to examine documents and communications in an attempt to determine if Compass misrepresented its reliance on private listings. Vargas denied a request by Zillow to question Compass CEO…