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-0.000595710881652127 -0.000264760391845327 -0.000926661371458927 0.00423616626952599 0.00293884034948364 0.00293884034948364 0.00293884034948364 0.00293884034948364
Stock impact report

CoStar Group Prevails in Trade Secrets Lawsuit Against News Corp’s Realtor.com

CoStar Group, Inc. (CSGP) 
Last costar group, inc. earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: costargroup.com/investors/stock-info
Company Research Source: Business Wire
Following a nine-month legal battle and facing the prospect of court-imposed sanctions, Move has dismissed its lawsuit with prejudice, bringing the closely watched case to a decisive end ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group (NASDAQ: CSGP) a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today that it has prevailed in a baseless trade secrets lawsuit brought by Move, Inc., the Rupert Murdoch-owned operator of Realtor.com.In July 2024, Move filed a federal complaint accusing CoStar Group and former Move employee James Kaminsky of trade secret misappropriation. Move’s core allegation—that Kaminsky had been hired by CoStar Group to launch a news division and was using information obtained from his time at Move to support that launch—was demonstrably false. Kaminsky was hired by CoStar Group to write descriptions of New York condominiums for Homes.com, a role he publicly disclosed and Show less Read more
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