Tuesday, April 16, 2024 | The Latest Buzz for the Appraisal Industry

Metro-West Reaches Settlement Agreement against Sun Point Appraisals

Metro-West Appraisal Co., LLC asserted Sun Point Appraisals interfered with an employment contract between Metro-West, staff appraiser.

TEMPE, Ariz. – Metro-West Appraisal Co., LLC (“Metro-West” or “the company”) has announced that it has reached a settlement in the company’s civil complaint in the United States District Court for the District of Arizona against Sun Point Appraisals, Inc. and its’ principal, Paul Johnson (collectively, “Sun Point”).

“We’re happy to have reached a point of finality and hope that cases such as this help to turn the tide against dishonest activity against not only our national network of staff appraisers, but those of our peers as well,” said Brandon Boudreau, Chief Operating Officer, Metro-West Appraisal Co.

In the complaint, dated March 1, 2019, Metro-West asserted that Sun Point interfered with an employment contract between Metro-West and a staff appraiser who was under contract with the company, alleging various claims of action, interference and misappropriation against Sun Point.

American Family Mutual Insurance Company, on behalf of Sun Point, paid Metro-West the total sum of $67,500 to release Sun Point from those claims. Upon Metro-West’s receipt of the Settlement Payment, the Parties jointly filed a Stipulation to Dismiss with Prejudice for the purpose of dismissing the Lawsuit in its entirety.

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About Metro-West Appraisal Co., LLC: Headquartered in Detroit, Metro-West has provided reliable, fully compliant residential real estate appraisal solutions and alternative valuation products for clients since 1987. Metro-West is the nation’s largest independent appraisal firm with staff appraisers located in over 80 major metro markets, each staffed with full-time W-2 appraisers who help maintain quality and consistency across the company’s entire network. For more information, visit www.metrowestappr.com.

 

Brent Bowen

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