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Lawsuits

Tech startup Urban Compass is being sued by yet another competitor for allegedly stealing trade secrets. Citi Habitats claims that Urban Compass, which recently received $40M in funding, accessed Citi Habitats' proprietary listing database using stolen login credentials. The suit also claims that Urban Compass "poached" more than 30 Citi Habitats agents and the firm used its database to create its own. Urban Compass called the move an "attempt to intimidate and stifle competition." [TRD; previously]