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Investigations

Detriot MLS

Antitrust lawsuit alleging that certain real estate brokers and the Realcomp MLS conspired to restrain the ability of smaller “innovative” brokers from competing in the Southeastern Michigan real estate market. Defendants agreed to pay damages of $3.25 million. Allan v. Realcomp II, Case No. 10-cv-14046-MAG/RSW (E.D. Mich. 2010).

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent updates regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases. Also, the brokercheck report linked to some of our blogs is the up-to-date version as of the date of posting. Visitors may check the most recent version of each brokercheck report at www.finra.org.

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