Litigation
May 12, 2017
Online real estate exchange settles with former exec in trade secrets case
Ten-X LLC announced the settlement details of a trade secrets case this week, which included a $1.6 million payout.
By Paula Lehman-Ewing
Daily Journal Staff Writer
Daily Journal Staff Writer
Online real estate marketplace Ten-X LLC announced this week it has settled a trade secrets case with a former employee's company, paying $1.6 million for alleged use of Ten-X's internal data to gain customers.
In April 2016, Ten-X sued former executive Michael DeGiorgio and his new company Commercial Real Estate Exchange Inc., also known as CREXi, alleging DeGiorg...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In