Compass Defendants News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Inman Connect Since its inception in 2012, Compass has ruffled feathers within the real estate industry. First for its impressive seed funding round lineup that included investing giants, such as Goldman Sachs, as key backers, and then from there, CEO Robert Reffkin shook things up once again with rapid-fire market expansions, a slew of multi-million dollar funding rounds, strategic acquisitions and bold (sometimes controversial) recruiting tactics to bring the industry’s best to Compass. All of those moves stoked rumors about an eventual initial public offering (IPO) that finally came to f...

Inman Connect Two Beverly Hills homeowners have filed a lawsuit alleging real estate brokerage Compass leased their home to someone who illicitly used it as a short-term rental venue for big parties, including one in which someone was fatally shot. Compass has fired the agent named in the suit. Both Compass and the agent who rented out the home, Sheree Thiel, are named as defendants in the April 21 complaint. According to legal filings, homeowners Shiva and Randy Moshtael hired a different Compass agent, Afa Shafa, to lease out their property at 2219 San Ysidro Drive in Beverly Hills last yea...

Inman Connect Two former Howard Hanna agents the brokerage sued last month have filed counterclaims alleging Howard Hanna is withholding their compensation after they were recruited by rival Compass. In a March 23 amended complaint, Pittsburgh-based Howard Hanna alleged New York City-based Compass aided and abetted three former Howard Hanna agents — Michael Hornung, Jennifer Crouse and Leah George — to breach non-compete, non-solicitation and confidentiality provisions in the agents’ contracts with Howard Hanna and steal the brokerage’s trade secrets in order to burnish Compass’s i...

Inman Connect Real estate brokerage Howard Hanna is suing rival Compass, alleging the heavily funded firm stole agents and trade secrets in order to burnish its image as a disruptive tech company in advance of Compass’ initial public offering. In a March 23 amended complaint, Pittsburgh-based Howard Hanna alleged New York City-based Compass aided and abetted three former Howard Hanna agents — Michael Hornung, Jennifer Crouse and Leah George — to breach non-compete, non-solicitation and confidentiality provisions in the agents’ contracts with Howard Hanna and steal the brokerage’s tr...