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HouseCanary Wins $706.2 Mn Verdict Against AMROCK Inc.

in News, Origination, Technology March 19, 2018 2,045 Views

A federal jury in Texas has awarded HouseCanary, a provider of real estate valuation and assessment tools, $706.2 million in its breach of contract and trade secret misappropriation case with Title Source, an affiliate of Quicken Loans, now known as AMROCK, Inc.

Trial litigation firm Susman Godfrey secured the jury verdict for HouseCanary in the misappropriation of trade secret and breach of contract case related to HouseCanary’s technology for valuation, appraisal, and real estate analytics.

At the conclusion of the six-week trial, a 12-person jury found unanimously in favor of HouseCanary, on counterclaims in this high-stakes legal battle.    

“We are very pleased we could obtain this result for our client,” said Max Tribble, who served as lead counsel for HouseCanary along with co-lead counsel, Kalpana Srinivasan. “Our firm’s experience in high-tech trade secret cases enabled us to secure this substantial win in a hard-fought trial.”

Representing HouseCanary alongside Tribble and Srinivasan were Matthew Behncke, Elisha Barron, and Rocco Magni.

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About Author: Radhika Ojha

Radhika Ojha is an independent writer and editor. A former Online Editor and currently a reporter for MReport, she is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her master’s degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas.
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