4th Circ. Won't Knock Down Real Estate Listing Antitrust Suits

Law360, New York (May 15, 2012, 8:40 PM EDT) -- Two putative class actions accusing South Carolina real estate listing services and various related brokerages of conspiring to restrain competition survived a Fourth Circuit challenge Monday when an appeals panel upheld a trial court's refusal to dismiss the suits.

A three-judge panel concluded that the complaints filed by real estate buyers, consolidated on interlocutory appeal, stated plausible claims for relief, and it remanded the case for further proceedings.

Real estate buyers have accused Consolidated Multiple Listing Service Inc., Hilton Head Multiple Listing Service Inc. and the...
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