IBuyer Opendoor on Friday agreed to pay $39 million to settle a federal securities class-action suit that accused the real estate tech company of misleading investors about its homebuying algorithm.
Source: Inman News
Opendoor reaches $39M settlement in pricing algorithm suit
Published in A&O Shearman, AI-driven tool, AI-driven tools, AI-powered Tools, arizona, Chamath Palihapitiya, Christina Karkafi, homebuying, homebuying algorithm, homeselling, ibuyer, ibuying, inman, Labaton Keller Sucharow, Michael Liburdi, News Brief, opendoor, pricing process, real estate, real estate methods, Richelle Hammiel, san diego, Select, Social Capital Hedosophia Holdings Corp. II and tech disruptor
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