Zillow Group investors alerted to August 10 lead plaintiff deadline in securities fraud lawsuit

Regulation
โดย GlobeNewswire·Read original
Summary · why it matters

Glancy Prongay Wolke & Rotter LLP reminds Zillow Group investors of the August 10, 2026 deadline to file a lead plaintiff motion in a class action lawsuit. The suit covers purchasers of Zillow Class A or Class C common stock between February 11, 2025 and May 7, 2026. The complaint alleges Zillow made misleading statements and failed to disclose that its agreement with Redfin was an acquisition rather than a partnership, heightening antitrust risk. Zillow's stock fell 4.63% on October 1, 2025 after the FTC sued over an alleged unlawful agreement, dropped 16.5% on February 11, 2026 after higher legal expenses were disclosed, and declined further in May 2026 when a federal judge rejected a bid to dismiss the FTC lawsuit.

Impact on stocks 1

Real Estate · 1 stocks
Zillow Group Inc Class C
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Zillow is the subject of a securities fraud lawsuit and FTC antitrust action over its Redfin agreement, with stock declines on lawsuit-related news.