Violation of Antitrust Laws Not Enough to Revoke Real Estate Agent’s License


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Law360 (May 12, 2021, 7:58 p.m. EDT) – A Florida appeals court on Wednesday overturned the revocation of a real estate agent’s license, finding that the Department of Business and Professional Regulation did not have the power to discipline him based solely on his conviction for antitrust violations.

The Florida Fourth District Court of Appeals ruled that real estate agent Avi Stern’s violation of the Sherman Act did not constitute a felony of “moral turpitude or fraudulent or dishonest treatment” that would warrant revocation of his license.

“While it is possible that a violation of Sherman Law could also involve fraud or a dishonest transaction, neither was present here,” the appeals court said.

Stern was convicted …

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