Zillow investor deadline in securities fraud class action is August 10

Regulation
โดย GlobeNewswire·Read original
Summary · why it matters

A securities fraud class action has been filed against Zillow Group and certain senior executives, with a lead plaintiff deadline of August 10, 2026. The lawsuit, pending in the U.S. District Court for the Western District of Washington, alleges that Zillow made a $100 million payment to Redfin under an agreement that the FTC later called an unlawful end run around competition, causing Zillow’s Class C shares to drop 16.54% and Class A shares to drop 17.13% on February 11, 2026. Earlier, the FTC’s September 2025 complaint triggered declines of 4.33% and 4.5% respectively, and a May 2026 Reuters report on a court ruling led to further drops of 1.9% and 1.76%. Investors who lost money are encouraged to contact Bleichmar Fonti & Auld LLP before the deadline to seek lead plaintiff appointment.

Impact on stocks 2

Real Estate · 1 stocks
Zillow Group Inc Class C
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Securities fraud class action filed against Zillow, alleging unlawful payment to Redfin that FTC called anticompetitive, causing stock drops.

Digital Finance & Tokenization · 1 stocks