Corcoran ruling upheld in appellate court

New York /
Dec.December 09, 2009 03:58 PM

A ruling against the Corcoran Group was upheld yesterday, in a landmark case that found agents — and not firms — to be in ownership of their own client lists, Crain’s reported. Three years ago, the New York state Supreme Court ruled in favor of ex-Corcoran Group agent Sarit Shmueli, who claimed that her former employer, and executive vice president Tresa Hall, in particular, had stolen her client list “deliberately and maliciously” off of her computer after she had been fired. Shmueli was awarded $400,000 in compensation and $1.2 million in punitive damages. The brokerage’s appeal, which began proceedings last month, didn’t go completely unrewarded, however. The appellate court ruled to vacate the punitive damage award for Shmueli, on the grounds that the “defendant’s practice of precluding a terminated employee from having access to its computer system does not evince a high degree of moral turpitude,” according to court filings. Shmueli said that she will pursue an appeal of the ruling in order to regain her punitive damage award.


Related Articles

arrow_forward_ios
49 East 10th Street and Barbara Corcoran (Credit: Google Maps and Getty Images)
Corcoran to shut down office in building partly owned by Barbara Corcoran
Corcoran to shut down office in building partly owned by Barbara Corcoran
Corcoran President & CEO Pamela Liebman (Credit: Corcoran, Getty Images)
Welcome to Queens: Corcoran opens first borough outpost
Welcome to Queens: Corcoran opens first borough outpost
Corcoran CEO & President Pamela Liebman (Credit: iStock)
Corcoran begins new lead-gen push via Facebook ads
Corcoran begins new lead-gen push via Facebook ads
David V. Johnson and Corcoran CEO Pamela Liebman. (Liebman ph: Marc Scrivo, Oil Nut Bay)
Corcoran launches first international franchise in British Virgin Islands
Corcoran launches first international franchise in British Virgin Islands
Clockwise from top left: Anthony Marino, Lori Glick, Gabriel Liebowitz, Tamara Marotta, Emma Kerins, Sharron Burroughs-Clarke, Heather Cella and Lauren Schaffer
And the resi “deal of the year” winners are…
And the resi “deal of the year” winners are…
Realogy CEO Ryan Schneider and SIRVA CEO Thomas Oberdorf
Judge rejects Realogy’s bid to force $400M sale of Cartus
Judge rejects Realogy’s bid to force $400M sale of Cartus
Corcoran's Pam Liebman and Bespoke's Cody and Zachary Vichinsky. Inset (clockwise from left) Zibby Schwarzman, Vera Wang, Barry Weiss, Mohammed Grimeh, and Ian Snow (Getty, Abana, Wikipedia Commons; Liebman by Sasha Maslov)
Corcoran exposes Bespoke’s little black book in Hamptons legal battle
Corcoran exposes Bespoke’s little black book in Hamptons legal battle
Quarantine Cribs
TRD Quarantine Cribs: Take a tour of Cathy Franklin’s whiskey distillery & home
TRD Quarantine Cribs: Take a tour of Cathy Franklin’s whiskey distillery & home
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...