The Estates
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The Estates Tag

The Estates LLC, which runs a database of North Carolina properties in foreclosure, lost its bid to avoid a trial of bid-rigging conspiracy claims, when a federal judge in Greensboro, N.C., ruled Wednesday that the company’s arguments applied the wrong antitrust standard. (subscription required) https://news.bloomberglaw.com/class-action/foreclosure-bid-rigging-litigation-headed-for-antitrust-trial ...

Erin Gilmore< erin@classaction.org A proposed class action lawsuit alleges that The Estates LLC and several co-conspirators have engaged in a “bid-rigging” scheme to manipulate foreclosure sales in North Carolina. Alleging violations of the Sherman Antitrust Act, the 27-page complaint claims defendants The Estates LLC; The Estates (UT), LLC;...