Lawsuit Accuses Google's Auction.Com of Using Shill Bidders -NY Post

Loading...
Loading...
Auction.com, known as the 'eBay of real estate, is being accused of using shill bidders to inflate prices, according to a lawsuit filed in California, as reported by the
NY Post
. In the suit, Village at Redlands Group alleged Auction.com used a shill bidder while auctioning off cottages in Redlands, CA and inflated the price. Google invested $50 million in Auction.com in March. http://nypost.com/2014/12/25/lawsuit-targets-googles-auction-com/ http://www.auction.com/
Market News and Data brought to you by Benzinga APIs
Posted In: NewsLegal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...