"Originally filed as two separate lawsuits in late September 2025 before being consolidated in late November, the lawsuit claims that the multifamily rental syndication deal executed by Zillow and Redfin was tantamount to Zillow simply paying Redfin $100 million in exchange for it no longer competing in the multifamily rental listing space. The defendants filed a motion to dismiss the lawsuit in mid-January. A hearing on this motion is scheduled for Feb. 25."
"While they wait for a ruling on this motion, the two parties are continuing to engage in discovery, which prompted the plaintiffs' document requests. In a status report filed in mid-January, Zillow had objected to the FTC's request to obtain some of the materials requested, but the two parties indicated that they were working to come to an agreement in a later status report. In total, Zillow and Redfin said late last month that they had collectively handed over more than 500 documents."
"According to Judge Porter's ruling last week, the parties must hand over a variety of documents. This includes various communications between Zillow CEO Jeremy Waksman and former Redfin CEO Glenn Kelman, as well as other Redfin staff regarding the partnership agreement between the two firms agreement. It also includes communications between Zillow executives Rich Barton, Lloyd Frink and Redfin representatives about the agreement and communications between Brad Owens, Zillow's general counsel, and Redfin's general counsel."
Two lawsuits filed in late September 2025 were consolidated in late November alleging that the multifamily rental syndication deal between Zillow and Redfin effectively paid Redfin $100 million to stop competing in multifamily rental listings. Defendants moved to dismiss in mid-January, with a hearing set for Feb. 25. Discovery continues while the dismissal motion is pending, prompting plaintiffs' document requests and objections from Zillow to some FTC requests; parties reported producing over 500 documents collectively. Judge Porter ordered production of communications among Zillow and Redfin executives, personal notes by key Zillow leaders, and signed declarations addressing roles and related documents.
Read at www.housingwire.com
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