CBRE Can’t Dodge Anti-Competitive Property Bid Suit

Law360, New York (January 18, 2013, 5:02 PM ET) -- A Florida federal judge refused Thursday to toss claims against real estate broker CBRE Inc. alleging that it misled a client to bid less competitively so another client could win the property, according to a order.

Judge Cecilia M. Altonaga denied CBRE’s motion to dismiss claims of fraudulent misrepresentation and breach of the duty of honest and fair dealing, which had been lodged by bank-branch consulting company and former client K.H. Thomas Associates LLC. Kenneth H. Thomas, the head of the company, alleges CBRE gave him...
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Case Information

Case Title

K.H. Thomas Associates, LLC v. CBRE, Inc.

Case Number

1:12-cv-23750

Court

Florida Southern

Nature of Suit

Fraud or Truth-In-Lending

Judge

Cecilia M. Altonaga

Date Filed

October 16, 2012

Sections

Law Firms Mentioned

Government Agencies Mentioned