Lawsuit
From Staff Reports Dallas-based Willow Bridge Property Co. is among the latest to be accused by the U.S. Department of Justice of using RealPage’s rent recommendation system to drive up rates and decrease competition. The DOJ lawsuit was filed in August; Willow Bridge and five other multifamily property companies were added to the civil antitrust…
Following a two-year investigation, the U.S. Department of Justice filed a civil antitrust lawsuit Friday against Richardson-based RealPage Inc., accusing the company of using an “unlawful scheme to decrease competition among landlords in apartment pricing” with its rental management software that landlords use to price apartments. “In a free market, these landlords would otherwise be…
Members of the Dallas Short-Term Rental Alliance and the City of Dallas have been embroiled in a legal battle that was supposed to come to a head Monday in a non-jury trial, but officials involved in the matter say it has been delayed. Lisa Sievers, a spokeswoman for the Dallas STRA, told CandysDirt.com that operators…
The Dallas City Council approved last month a massive $55 million payment to settle a lawsuit with Trinity East Energy LLC natural gas company. The oil and gas company filed suit in 2014 claiming that Dallas backed out of a deal to issue specialty permits after entering a lease with Trinity to drill on city-owned…
It did not take long for a Kansas City jury to create a Halloween nightmare for real estate agents. The jury in the bombshell Sitzer/Burnett trial in Kansas City has found the National Association of Realtors, HomeServices of America, and Keller Williams guilty of colluding to inflate or maintain high commission rates through the National Association of Realtors’ Clear Cooperation…
