January 08, 2026
An Arizona federal judge has granted final approval of a $39 million settlement between real estate firm Opendoor Technologies Inc. and its shareholders to resolve their claims that the company overhyped its pricing algorithm software, closing out the litigation that began in 2022.
December 11, 2025
Attorneys from Labaton Keller Sucharow LLP asked an Arizona federal court for nearly $10 million for their work negotiating a $39 million settlement between real estate firm Opendoor Technologies Inc. and its investors to resolve claims the company overhyped its pricing algorithm software.
June 16, 2025
Real estate firm Opendoor Technologies Inc. has agreed to pay $39 million as part of an investor settlement presented to an Arizona federal court for preliminary approval to resolve litigation accusing the company of overhyping its pricing algorithm software.
April 02, 2025
Investors in real estate firm Opendoor Technologies Inc. said in a court filing Wednesday that they've struck a deal to end a lawsuit accusing the company of overhyping its pricing algorithm software prior to going public in a reverse merger with a special-purpose acquisition company.
May 15, 2024
An Arizona federal judge has revived a consolidated securities class action accusing real estate company Opendoor Technologies Inc. of misleading investors about the benefits of its pricing algorithm software in order to go public in a reverse merger with a special-purpose acquisition company.
February 29, 2024
Real estate marketplace giant Opendoor Technologies Inc. has beaten, for now, a suit accusing it of misleading investors about its artificial-intelligence-powered algorithm and ability to remain profitable, with an Arizona federal judge ruling that many of the challenged statements in the suit are not actually false or misleading.
August 31, 2023
Investors suing real estate marketplace giant Opendoor alleging it committed securities fraud during public offerings have urged an Arizona federal judge to toss the company's motion to dismiss their lawsuit, saying there are clear examples of false and misleading statements in Opendoor's public offering documents.
February 02, 2023
Labaton Sucharow LLP will represent a proposed class of investors in online real estate company Opendoor Technologies Inc. in a suit alleging the company concealed the shortcomings of its "iBuying" technology, hurting investors after the company disclosed significant losses on its iBuying business.
December 21, 2022
Pension funds for Indiana's state workers and Michigan's Oakland County employees urged an Arizona federal court to let them take the reins of a combined stockholder suit against Opendoor over the company's allegedly misleading statements about its "iBuying" algorithms.