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Redfin investor seeks $450k for “benefitting” stockholders

The Redfin investor who sued the real estate brokerage and Rocket Companies for allegedly failing to disclose key information about their merger is seeking a $450,000 award. Jason Morano, the plaintiff, argues in a filing dated June 11 that his “intense litigation efforts” forced Redfin’s and Rocket’s hand in publishing supplemental disclosures that had a […]

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Frank Martell takes new role at beleaguered tech firm

After stepping down from his recent leadership role at Loandepot, home finance veteran Frank Martell has taken the helm as chief executive of a multifamily technology firm that is currently navigating a difficult period. Smartrent, a provider of technology-powered tools and services for rental communities and other types of multifamily housing, appointed Martell president and

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