Wendy DiVecchio points to disagreement with the board over LVR’s ownership of its MLS as a potential reason she was suspended, investigated and subsequently fired last week.
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The Las Vegas Realtors executive who was suspended from her role as CEO following allegations of fraud said she was improperly terminated following medical issues and a disagreement over the organization’s ownership of the local multiple listing service.
Those details come out of a lawsuit filed by Wendy DiVecchio this week. DiVecchio was put on leave last summer and subsequently terminated on Jan. 27 and is now suing the organization and former board members after she said she was improperly fired following a prolonged and twisting investigation.
DiVecchio alleged board members interfered with her contract, defamed her and that the organization she ran between 2017 and 2024 wrongfully terminated her and breached her contract.
The lawsuit stems from allegations of election tampering that surfaced last August, when DiVecchio was suspended with pay for what she said were baseless allegations. It also continues a tumultuous 12 months for the organization, which saw a physical altercation break out at one of its meetings last year following a dispute.
The investigation and dismissal followed what DiVecchio said was a disagreement between herself and members of the Las Vegas Realtors board over the relationship between LVR and the multiple listing service that LVR owns and controls.
DiVecchio’s complaint didn’t provide details about the disagreement,…