BrokerageIndustry News

Judge dismisses portions of Illinois antitrust complaint

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A U.S. District Court judge dismissed portions of a real estate broker's antitrust lawsuit filed against multiple Illinois brokerage companies, real estate professionals and Realtor associations while allowing the broker to amend the original complaint and proceed with other aspects of the lawsuit. Judge Elaine E. Bucklo of the U.S. District Court for the Northern District of Illinois cited a U.S. Supreme Court opinion in May in tossing out some of the antitrust and other charges brought by Gregory Hackman, an Illinois real estate broker. In that case, Bell Atlantic Corp. v. Twombly, the Supreme Court ruled in a 7-2 decision that a lawsuit must provide sufficient facts about alleged antitrust activities in order to proceed in court. Bucklo noted in her opinion and order that Hackman's antitrust claim brought under the U.S. Sherman Act "must include 'enough factual matter (taken as true) to suggest that an agreement was made,' " according to the Supreme Court's decision in the Bell Atla...