UWM Moves To Dismiss Class Action Racketeering Lawsuit
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UWM Moves To Dismiss Class Action Racketeering Lawsuit

ByTMN Editor Reading Time: 3 minutes

By KIMBERLEY HAAS Lawyers for United Wholesale Mortgage have moved to dismiss a class action lawsuit alleging violations of the RICO Act. The lawsuit, filed on April 2 by Boies Schiller Flexner LLP, claims that UWM participated in a pattern of racketeering activity by conspiring with brokers to withhold information from homebuyers while misrepresenting material…

Lawsuit Claims Zillow Purposely Mislead Investors With Public Statements
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Lawsuit Claims Zillow Purposely Mislead Investors With Public Statements

ByTMN Editor Reading Time: 2 minutes

Zillow and some of its top executives are being sued for allegedly making misleading claims in advance of the closure of its iBuying arm, Zillow Offers. Zillow shareholder Dibikar Barua filed a class-action lawsuit against the company in federal court in Seattle alleging that Zillow failed to tell shareholders it was struggling to accurately predict…

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