Zillow and Compass Settle Employee Poaching Lawsuit

Real estate companies Zillow Group and Compass settled a lawsuits alleging the poaching of three former Zillow employees with non-compete agreements, reported Housing Wire. Zillow had also accused the employees of stealing trade secrets and confidential information such as customer lists, sales data, and highly technical information before they left to Compass.

“The two companies have agreed to resolve their differences,” a Compass spokesperson said, “and look forward to working together to help the entire real estate ecosystem.”

Meanwhile, Zillow issued a statement reading: “We are pleased to have reached an agreement with Compass that allows Zillow Group to continue our work streamlining real estate transactions for consumers in a fair, competitive environment.”