Rocket Companies Unit Faces $175 Million Trade Secrets Verdict

A San Antonio jury ruled against Amrock Inc. for misappropriating HouseCanary's real estate technology trade secrets.

Published on Mar. 9, 2026

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A San Antonio jury delivered a $175 million verdict against Amrock Inc., a subsidiary of Rocket Companies, for misappropriating trade secrets from HouseCanary Inc. related to its real estate valuation technology. The jury found that Amrock breached nondisclosure and software licensing agreements, and defrauded HouseCanary by promising to grant a license to use its historical appraisal data.

Why it matters

This case highlights the importance of protecting intellectual property and trade secrets, especially in the highly competitive real estate technology industry. The substantial damages award underscores the legal risks companies face if they are found to have unlawfully obtained and used a competitor's proprietary information.

The details

According to the jury verdict, Amrock breached a 2013 nondisclosure agreement and a 2015 software license contract that prohibited it from reverse engineering or otherwise misusing HouseCanary's confidential information. The jury also found that Amrock defrauded and acted with malice when it promised to grant HouseCanary a license to use its historical appraisal data.

  • The jury delivered the $175 million verdict on March 6, 2026.

The players

Amrock Inc.

A subsidiary of Rocket Companies that was found liable for misappropriating HouseCanary's trade secrets.

HouseCanary Inc.

A real estate technology company whose trade secrets related to real estate valuation technology were misappropriated by Amrock.

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The takeaway

This case underscores the importance of companies strictly adhering to nondisclosure agreements and respecting the intellectual property rights of competitors in order to avoid costly legal battles and substantial damages awards.