CoStar: Data-Theft Lawsuit An Attempt to Deflect Attention From Losing the Portal Battle

Your Order: Subscriber
Subscription Length: 1 year
Recurring: Yes
Content Access: 1 Post, 0 Posts, 0 Pages, 0 Power Brokers

“This is like the pimple on the elephant of my litigation (duties),” said CoStar General Counsel Gene Boxer. “Literally, it's not even something I'm going to think about. We're going to complete our inquiry and then seek a motion to dismiss.”

Home Agents

By Michael Catarevas

July 8, 2024

Reading Time: 7 mins read

CoStar: Data-Theft Lawsuit An Attempt to Deflect Attention From Losing the Portal Battle

In an exclusive interview with RISMedia on July 5, CoStar Group CEO Andy Florance lambasted the new lawsuit filed by Realtor.com parent Move, Inc. that claimed a former Move employee, now working for Homes.com parent CoStar, stole proprietary information from his former employer, labeling it a desperate attempt for attention and attributing it to one of Move parent News Corp’s typical strategies to intimidate a low-level employee and bully the media.