A class action lawsuit has been filed against Zillow Group and certain senior executives for securities fraud related to an allegedly anticompetitive agreement with Redfin. The suit, brought by Bleichmar Fonti & Auld LLP, claims Zillow misrepresented a $100 million payment to Redfin as a partnership when it was actually meant to eliminate competition. The FTC filed its own antitrust complaint on September 30, 2025, causing Zillow's Class C and Class A shares to drop 4.33% and 4.5%, respectively. Further declines followed on February 10, 2026, after the CFO warned of higher legal expenses, with Class C shares falling 16.54% and Class A shares falling 17.13%. Investors have until August 10, 2026 to seek lead plaintiff appointment in the case pending in the U.S. District Court for the Western District of Washington.
Zillow Group Inc Class CZillow sued for securities fraud over alleged anticompetitive agreement with Redfin, with FTC antitrust complaint and CFO warning of higher legal expenses.
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