Realogy Slapped with Class Action Suit for Securities Fraud
HousingWire, July 15, 2019–Jessica Guerin
According to the suit filed Thursday by The Rosen Law Firm in the U.S. District Court of New Jersey, Realogy filed false and misleading statements with the Securities and Exchange Commission by not disclosing that it was engaging in “anticompetitive behavior by requiring property sellers to pay a buyer’s broker an inflated fee.”