The Orlando Regional Realtor Association (ORRA) and the parent company of the lockbox firm informed the court they had agreed to terms.
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A local Realtor association in Florida and the parent company of lockbox firm Supra have reached a settlement over allegations that the latter colluded to “steal” members and entice them to join other, rival associations.
On June 16, attorneys for the Orlando Regional Realtor Association (ORRA) and Honeywell International Inc. informed the U.S. District Court for the Middle District of Florida Orlando Division that the parties had settled.
“A settlement agreement has been agreed to in terms and is in the process of being executed,” the attorneys wrote.
Honeywell acquired Carrier Global Corporation’s Global Access Solutions business, including Supra, in June 2024.
The filing did not provide details on terms of the deal, whether there was any admission of wrongdoing or any payment involved. Inman has reached out to ORRA and Carrier for comment and will update this story if and when responses are received.
ORRA, which has more than 20,000 members, filed suit last year. The association alleged that, after ORRA declined to renew its lockbox partnership agreement with Supra, Supra sent “a malicious Email intimidating ORRA’s Members into leaving ORRA and associating with other organizations,” causing at least 67 to 100 members to leave the trade group since the email was sent.
Screenshot of email sent to ORRA members from Supra on July 8, 2024
The complaint alleged tortious interference of business relationships, tortious interference with contractual relationships, breach of contract, and breach of good faith and fair dealing. But in its answer to the complaint, Honeywell denied the allegations, including ORRA’s characterization of the email sent by Supra.
Read the notice of resolution (reload page if document is not visible):
