Faxes Lead to $14M Settlement

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    NEWSLETTERS

    CBRE Inc. and one of its Philadelphia area commercial real estate brokers have settled a class-action lawsuit for $13.86 million over allegedly violating a section of the telecommunications act.

    CBRE and the broker did not admit any fault or liability and, as part of the settlement, is released of all claims against them. A CBRE spokesman declined to comment.

    The broker, Steve Italiano, is accused in the suit of sending fax advertisements between July 1, 2009, and Dec. 19, 2013, that violated the federal Telephone Consumer Protection Act, according to court papers. The suit was brought by Community Vocational Schools of Northeast Pennsylvania and Nuts to You Inc. and was filed in the Circuit Court of Lake County, Ill. Read more about this story on PBJ.com.

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