Zillow and Move settle trade secrets lawsuit for $130M

  • The deal resolves all claims in litigation that began with Move and its co-plaintiff, the National Association of Realtors, filing a lawsuit against Zillow and Zillow executive Errol Samuelson in March 2014 for misappropriation of trade secrets.

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Archrivals Zillow and realtor.com operator Move Inc. have reached a settlement for $130 million after more than two years of bitter legal combat. Before the settlement, the case was scheduled to go to jury trial today. The deal resolves all claims in litigation that began with Move and its co-plaintiff, the National Association of Realtors, filing a lawsuit against Zillow and Zillow executive Errol Samuelson in March 2014 for misappropriation of trade secrets, among other claims.