2011-05-02 — azcentral.com
``In a reversal from statements a week earlier, Realty Executives Inc. confirmed Friday that it intended to file for bankruptcy protection "within the next 48 hours..." Realty Executives has 1,230 licensed agents in Arizona, ranking No. 4 in the state. It also is among Arizona's largest real-estate firms in terms of local sales volume... The company currently is facing two potentially costly lawsuits.''
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