Plaintiff’s company in Missouri owns and was marketing for sale a subdivision in a recreational area. He sought to buy adjacent land. The deal was never accomplished because the parties could not agree on a price. Plaintiff alleges that in retaliation for his refusal to pay an exorbitant price for the property, the defendant property owner’s real estate agents conspired to damage his subdivision development.
The plaintiff alleges the defendants misappropriated his advertising materials and trademark, making it appear the adjacent property was part of his subdivision. An incomplete appraisal was published on a multiple listing service (MLS). The appraisal contains material and false statements about plaintiff’s adjacent subdivision, and the defendant’s real estate licensees knew the information was false, plaintiff asserts.
The defendants’ conduct interferes with plaintiff’s existing and prospective business relationships, plaintiff asserts. Further, the plaintiff alleges the real estate group was responsible for the conduct of its licensees.