FDD Items 3 & 4 · 2026 filing
Corcoran litigation history
What Corcoran disclosed about lawsuits, arbitrations and bankruptcy in the 2026 Franchise Disclosure Document. Item 3 lists the material legal actions a franchisor must report; Item 4 covers bankruptcy. This is the franchisor's own disclosure, not a court record, and not legal advice.
Items 3 & 4 at a glance
What the filing discloses
- Cases disclosed
- 10
- Item 3, as counted in the filing
- Largest disclosed settlement
- $83.5M
- As stated in Item 3
- Bankruptcy (Item 4)
- None
- Franchisor, parent, predecessor or officer
- Filing year
- 2026
- Disclosures cover the prior ten years
Extracted from the 2026 Franchise Disclosure Document
Item 3: litigation
Primarily antitrust/commission-related class actions against parent Anywhere Real Estate Inc. regarding NAR buyer-broker commission rules (Moehrl, Burnett, Nosalek, Batton); TCPA class action (Chinitz); Homie Technology antitrust (dismissed); Merger-related shareholder suits (largely resolved/settled); RESPA class action (Dodge, settled $8.375M); HUD/FTC regulatory proceeding (resolved by consent decree); Washington AG investigation ongoing.
Disclosure signals that moved the score
How this shows up in the verdict
- Recent shareholder litigation tied to Compass merger suggests corporate instability and potential future restructuring affecting franchisee support
- Going concern status is FALSE, indicating the franchisor may face financial viability questions during the franchise term
The verdict grade is FranchiseVerdict's editorial assessment across SBA loan performance, unit growth, revenue and disclosure signals. It is not investment advice.
Before you weigh a lawsuit
How to read Item 3
A franchisor must disclose pending actions and any material civil action involving the franchise relationship, plus convictions or civil judgments for fraud, unfair or deceptive practices, or franchise-law violations, going back ten years. A case the franchisor brought against a franchisee counts too. Item 3 does not include every dispute: settled claims below the materiality line and matters resolved in private arbitration can be absent.
Questions worth asking current and former franchisees, using the contact list in Item 20:
- Were you, or anyone you know in the system, party to a dispute with the franchisor?
- Was it resolved by settlement, arbitration or a court, and on what terms?
- Has the number of disputes gone up or down since you signed?