Recent Securities Litigations

Zillow Group Inc. Class C Capital Stock (NASDAQ: Z)

49 Days left to seek lead plaintiff status.

Company Name:Zillow Group Inc. Class C Capital Stock
Stock Symbol:NASDAQ: Z
Class Period Start:02/10/2021
Class Period End (inclusive):11/02/2021
Filing Deadline:01/18/2022

The complaint filed in this class action alleges that throughout the Class Period, the defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that, despite operational improvements, the Company experienced significant unpredictability in forecasting home prices for its Zillow Offers business; (2) that such unpredictability, as well as labor and supply shortages, led to a backlog of inventory; (3) that, as a result of the foregoing, the Company was reasonably likely to wind-down its Zillow Offers business, which would have a material adverse impact on its financial results; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Zillow Group Inc. Class C Capital Stock (NASDAQ: Z) Claim Form

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