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Zillow Agrees to Pay $130M to Move, NAR by June 20th, Settlement Ends 2-Year Contentious Litigation

June 6, 2016 8:43 pm

Zillow and realtor.com® operator Move have settled their two-year long, contentious trade secrets lawsuit, it was announced Monday, with Zillow agreeing to pay its industry rival $130 million. The settlement, detailed in a Securities and Exchange Commission filing, is far less than the initial $2 billion Move had initially claimed in damages. The trial was […]

The post Zillow Agrees to Pay $130M to Move, NAR by June 20th, Settlement Ends 2-Year Contentious Litigation appeared first on RISMedia.

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