CoStar filed a new lawsuit against CREXi, saying its employees created fake accounts and accessed the company’s database over 1 million times, Bisnow first reported. According to the suit, the employees then uploaded at least 10,000 unauthorized images to its own site.
- Litigious data giant ready for round two: CoStar CEO Andy Florance: “It’s a massive copyright infringement… It’s actually larger than the copyright infringement we had with Xceligent.”
- Worth Noting: CoStar acquired the commercial real estate division of Ten-X for $190 million in May. The deal was designed to increase the company’s role in the transaction process. [Bisnow]