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LA Wildfire Victims Sue 3 Insurers for Fraud

LA Wildfire Victims Sue 3 Insurers for Fraud

by Phil Hall | Jun 6, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Homeowners whose properties were destroyed in the Los Angeles County wildfires are suing USAA and two insurance companies affiliated with AAA – CSAA Insurance Exchange and Interinsurance Exchange of the Automobile Club – claiming they intentionally underestimated the...
Redfin Investor Sues to Halt Acquisition by Rocket Companies

Redfin Investor Sues to Halt Acquisition by Rocket Companies

by Phil Hall | May 8, 2025 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

An investor in Redfin (NASDAQ: RDFN) has filed a lawsuit to stop its $1.75 billion sale to Rocket Companies (NYSE: RKT). The Real Deal reports investor Bruce Miller is suing the company and its board of directors, including CEO Glenn Kelman, alleging they failed to...
Floyd Mayweather Sues Business Insider for Defamation in Coverage of Real Estate Investments

Floyd Mayweather Sues Business Insider for Defamation in Coverage of Real Estate Investments

by Phil Hall | May 2, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Boxing legend Floyd Mayweather announced that he has filed a $100 million defamation lawsuit against Business Insider, its parent company Insider Inc., and reporter Daniel Geiger, alleging they published a knowingly false and defamatory article that misrepresented...
NJ AG Sues RealPage and Corporate Landlords Over Alleged Rent-Raising Scheme

NJ AG Sues RealPage and Corporate Landlords Over Alleged Rent-Raising Scheme

by Phil Hall | Apr 23, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

New Jersey Attorney General Matt Platkin and the state’s Division of Consumer Affairs filed a lawsuit against property management software company RealPage Inc. and 10 corporate landlords for allegedly colluding in a rent-raising scheme. According to the lawsuit,...
Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers

Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers

by Phil Hall | Apr 18, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Ohio Attorney General Dave Yost has filed a lawsuit against United Wholesale Mortgage (NYSE: UWMC) that accuses the company of “conspiring with brokers to rip off Ohio consumers.” In his lawsuit, Yost – who launched his campaign for Ohio governor in January – alleged...
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