GettyThe National Association of REALTORS has filed a motion to dismiss a class action lawsuit that was filed against the organization in March. Mantill Williams, NAR’s vice president of communications, says the group will move to dismiss the other cases as well. He also says the class action attorneys involved in the case “dreamed up” anticompetitive rules that don’t exist within NAR’s policies. One of the firms—Hagens Berman Sobol Shapiro—has secured billion-dollar judgments in class action suits against the tobacco industry and Toyota and was also involved in the 2016 case against disgraced medical technology provider Theranos. Rob Hahn, the founder at real estate consulting firm 7DS Associates, expects the well-heeled firms are more than prepared for NAR’s motion to dismiss.

Source: Forbes May 21, 2019 08:26 UTC