Dismuke, et al. v. Edina Realty, Inc.


6,500

Class Members

$25,000,000

Settlement Fund

02-01-1995

Date

Case Description


Class Plaintiffs alleged that Edina Realty breached certain fiduciary duties in real estate transactions in which "real estate listed with Edina and/or a sales associate affiliated with Edina was sold to one or more buyers also represented by Edina, and/or a sales associate affiliated with Edina." In the resulting settlement, class members received warrants to buy five shares of First Bank stock and three certificates good for a $100 off the sales commission of a new home purchased through Edina. 

Counsel for Plaintiffs:

James L. Fetterly (Fetterly & Gordon, P.A)

Gary J. Gordon (Fetterly & Gordon, P.A)

 

Counsel for Defendants:

George F. McGunnigle, Jr ( Leonard, Street & Deinard L.L.P)

 

Legal Documents 

Settlement Agreement 

Notice 

Judge's Order 

Court Information


Case #
92-8716
Case Type
Antitrust/Contract
Court Type
District Court
Jurisdiction
Fourth Judicial District
Judge
Gary Larson
Industry
Real Estate

CCC Performance


CCC bought and sold approximately 25% of the distributed warrants. CCC helped class members benefit from the settlement, especially those who were not interested in owning First Bank’s stock and those who weren’t in the market for another house.

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