First American sues 8 rivals over AVMs

Patent infringement lawsuit seeks damages from Zillow, LPS, others

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Dive into the latest Technology affecting RE, July 17, 2018

First American CoreLogic Inc. has filed a lawsuit against eight companies, including Zillow Inc. and Lender Processing Services Inc., claiming the companies’ automated property valuation services infringe on a 1994 patent.

In its complaint, CoreLogic seeks an injunction against the companies to prohibit them from using or selling any products that fall within the scope of the patent, and for triple damages to "compensate CoreLogic for its profits lost."