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Developer Sues Broker for $25 Million for Comments on His Blog

By Jim Gillespie | July 27, 2010

In this day and age anyone can say anything they want to on the Internet, but they need to be careful so they minimize any liability and upset they could cause along with it. With this in mind, take a look at this video clip from CBS News regarding what a broker said about a developer on the Internet, and the $25 million lawsuit that was filed by the developer because of it:

Click here to see the video.

In addition, here’s an article discussing the incident from Realty Times, which also does a good job of describing the importance of brokerage companies now having their own social media policies, so that any potential liability is minimized.

Click here to read the article.

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