The verdict is in — the old way of doing business is over. Join us at Inman Connect New York Jan. 23-25, when together we’ll conquer today’s market challenges and prepare for tomorrow’s opportunities. Defy the market and bet big on your future.

In the latest of a string of lawsuits that have been launched against luxury broker and Million Dollar Listing star Ryan Serhant, Nest Seekers International’s Connecticut entity is now suing the CEO in a civil case all-too-familiar to those Serhant has faced in the months since launching his East Coast expansion.

The lawsuit, first lodged at the end of November in Connecticut Superior Court by Nest Seekers CT LLC against Serhant and former Nest Seekers managers Garvey Fox and Danielle Malloy, alleges that Fox and Malloy breached their contracts with Nest Seekers by stealing the brokerage’s commissions, clients, intellectual property, confidential information and listings, as well as property renderings, floor plans and other marketing materials. The suit further claims all of these actions were done within a “restricted period” of eight months after the termination of their employment agreement in order to launch SERHANT. in Connecticut.

The suit also alleges that Serhant used “unfair and deceptive trade practices” to poach Nest Seekers’ clients, customers and listings, and convert them over to SERHANT. Serhant himself was affiliated with Nest Seekers International for about 12 years.

“Defendant Ryan Serhant is a real estate broker believed to be licensed in states other than Connecticut whose modus operandi is to tortiously interfere with existing relationships between corporate real estate brokerages, such as Plaintiff, and the individual brokers in their employ, such as Fox and Malloy, so as to steal and/or otherwise take the corporate brokerage’s listings, customers, clients, related lists and good will, and convert same to his own use or for use in a joint venture with the individual brokers,” the lawsuit complaint states.

In April, SERHANT. was the recipient of another $10 million lawsuit filed in Philadelphia Commerce Court from Keller Williams Black Label, as the firm alleged that Serhant and his new partners, Andrea Desy Edrei, Michael Skokowski, Jr., and Kailey Bondiskey — all former KW Black Label employees — had taken the firm’s clients, intellectual property, confidential information and personnel “while crippling its ability to operate.”

Perhaps most confounding of all, KW Black Label’s social media accounts had seemingly overnight been rebranded to SERHANT. and remaining members of the firm had been locked out of them for an extended period of several weeks, unable to revert them back to KW Black Label. At the time, a principal at KW Black Label told Inman that some existing KW Black Label clients actually thought the brand had shuttered and become part of SERHANT.

Then at the end of May, Palm Beach-based firm Sutter & Nugent filed a lawsuit in Palm Beach County Circuit Court against Serhant Florida LLC and former Sutter & Nugent agents Matthew Moser and Nicholas Gonzalez, alleging Moser and Gonzalez brought client lists, confidential data and listings over to SERHANT. with their move. Sutter & Nugent sought an injunction against Moser, Gonzalez and Serhant, as well as unspecified damages.

Get Inman’s Luxury Lens Newsletter delivered right to your inbox. A weekly deep dive into the biggest news in the world of high-end real estate delivered every Friday. Click here to subscribe.

Ryan Serhant
Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription