Vague Threats That Make No Sense
The latest comments from Michael Ketchmark have me scratching my head
From Inman News:
NAR’s settlement, which has not yet received final approval and which the DOJ may yet interfere with in court, specifically allows such offers to be made anywhere except the MLS.
Asked for comment on NAR’s guidance, Michael Ketchmark, lead plaintiffs’ counsel for one of the major suits the proposed settlement seeks to resolve, Sitzer | Burnett, declined to say whether NAR statements were accurate, but nonetheless issued a warning.
“Steering is a very serious legal issue in the antitrust world,” Ketchmark said in a statement. “Anyone who thinks they can send out a few emails or bury their head in the sand and avoid the application of the law is wrong. As these new rules take effect we will take legal action to enforce the settlement agreement.”
I don’t understand the vague threat that Ketchmark just made here. Since I’ve been all over this lawsuit, and the issue of steering in particular, I thought it worth puzzling it out with all of you here.
I don’t always know what I think until I read what I’ve written. As always, none of this is legal advice, I am not your lawyer, please consult your own attorney, and so on.
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