GRABAR LAW OFFICE INVESTIGATES CLAIMS AGAINST OFFICERS AND DIRECTORS OF ZILLOW GROUP, INC. (NASDAQ: Z; ZG)
Grabar Law Office is investigating claims on behalf of shareholders of Zillow Group, Inc. (NASDAQ: Z; ZG). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.
Zillow Group operates a real estate application and website that connects consumers with technology, agents and loan officers, and digital solutions in the United States. The company operates through four categories: Residential, Mortgages, Rentals, and Other.Â
WHY? It is alleged in a recently filed federal securities fraud class action complain that Zillow Group, Inc. (NASDAQ: Z; ZG), through certain of its officers, made false and/or misleading statements and/or failed to disclose that: (1) Zillow's agreement with Redfin Corporation was not a "partnership," but rather an acquisition of Redfin's business; (2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (4) as a result, defendants' statements about Zillow's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT CAN YOU DO NOW? If you purchased Zillow Group, Inc. (NASDAQ: Z; ZG) shares prior to February 11, 2025, and still hold shares today, you are encouraged to contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. #Zillow #Z #ZG $Z $ZG