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HomeServices of America, Inc. Announces Settlement of Copyright-Infringement Lawsuit

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HomeServices of America, a Berkshire Hathaway affiliate, has announced the settlement of a copyright-infringement lawsuit against American Home Realty Network, Inc. (d/b/a NeighborCity). Since 2013, HomeServices of America and two of its subsidiaries, Preferred Carolinas Realty, Inc., and Edina Realty, Inc., have been engaged in litigation with American Home Realty Network, Inc., in North Carolina and Minnesota. In North Carolina, Preferred Carolinas alleged that American Home Realty Network infringed Preferred Carolinas’ copyrights in real estate property listing photographs. In Minnesota, American Home Realty Network alleged violations of antitrust and unfair competition laws against HomeServices and Edina Realty.

On June 17, 2014, the parties reached a settlement that resolved all litigation between them. As part of the settlement, American Home Realty Network has agreed to no longer copy, display, or otherwise use real estate property listing photographs belonging to HomeServices’ operating subsidiaries and affiliates. The other settlement terms are confidential, without any admission of liability by any party.

“We are very pleased to have resolved these cases,” said Ron Peltier, chairman and CEO of HomeServices. “Protecting our intellectual property is a top priority for HomeServices. We will continue to vigorously protect our companies’ and affiliates’ intellectual-property rights in real estate listing content.”

Information about HomeServices is available at www.homeservices.com.

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