Opendoor Faces Investor Suit Over 'IBuying' Real Estate Tech

By Emilie Ruscoe · November 29, 2022, 8:58 PM EST

Digital residential real estate company Opendoor Technologies Inc. is facing shareholder allegations that it overhyped the capabilities of the algorithm underlying its "iBuying" technology, then saw stock prices tumble following revelations that...

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Documents

Complaint

Case Information

Case Title

Oakland County Voluntary Employees Beneficiary Association et al v. Opendoor Technologies Incorporated et al

Case Number

Court

Arizona

Nature of Suit

Other Statutes: Securities/Commodities

Date Filed

November 22, 2022

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