Press release
Investigation announced for Investors in shares of Zillow Group, Inc. (NASDAQ: Z)
An investigation for investors in Zillow Group, Inc. (NASDAQ: Z) shares over potential securities laws violations by Zillow Group.
Investors who purchased shares of Zillow Group, Inc. (NASDAQ: Z), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Zillow Group, Inc. (NASDAQ: Z) concerning whether a series of statements by Zillow Group, Inc. (NASDAQ: Z regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Seattle, WA based Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile applications and websites in the United States.
In February 2019, Zillow Group, Inc. said its house flipping venture "i-Buying" could generate $20 billion annually.
On November 2, 2021, Zillow Group, Inc. announced it was winding down its "i-Buying" house flipping business, "Zillow Offers." The company also announced it plans to cut 25% of its workforce.
Shares of Zillow Group, Inc. (NASDAQ: Z) declined from $104.05 per share on October 29, 2021, to $63.13 per share on November 3, 2021.
Those who purchased shares of Zillow Group, Inc. (NASDAQ: Z) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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