Loughlin v. Idora Realty Co.

According to the -allegations of the complaint, this action arises from a fraudulent real estate transaction wherein, as a result of false representations made to plaintiffs by their real estate broker, their property was sold to the broker’s mother-in-law without their knowing her identity, and was immediately sold to others at a significantly higher price. The action was brought to recover secret profits allegedly made by all defendants in the transaction, plus interest and punitive damages.

Plaintiffs Joseph Loughlin and Frances Loughlin, husband and wife, commenced the action against the…