This is a case of enterprise investing in a specific technology to improve the way its employees communicate and transact business with their customers. The company involved was Prudential Fox Roach/Trident (PFRT) realtors, an independently owned and operated member of the Prudential Real Estate Affiliate, Inc. PFRT is the fourth-largest provider of real estate services in the U.S., with nearly $16 billion in annual sales. The company operates 70 offices in the Pennsylvania, Delaware, and New Jersey area; there are 900 employees. Prudential Fox & Roach/Trident also contracts with more than 3,300 independent sales agents who work on commission. These agents were the focus of the technology investment.
The Statutory and Case Law, Applicable to Private Companies, with Special Reference to the General Corporation Act of New Jersey and Corporation Precedents Applicable to Corporations Generally