| COMPANY |
Zillow Group, Inc. |
| COURT |
United States District Court for The Western District of Washington |
| CASE NUMBER |
17-cv-01387 |
| JUDGE |
The Hon. John C. Coughenour |
| CLASS PERIOD |
November 17, 2017 - August 8, 2017 |
| SECURITY TYPE |
All Securities |
Case Background:
On September 14, 2017, the initial complaint in this securities class action was filed against Zillow Group, Inc. (“Zillow” or the “Company”), and certain of Zillow’s directors and officers, asserting violations of Sections 10(b) and 20(a) of the Securities Exchange Act. This is a federal securities class action brought on behalf of all persons who purchased or otherwise acquired Zillow securities between November 17, 2014 and August 8, 2017, both dates inclusive (the “Class Period”).
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Zillow's co-marketing program did not comply with the Real Estate Settlement Procedures Act; and (2) as a result, Zillow's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Current Status of Case:
On February 28, 2022, the Court entered a Scheduling Order setting a Trial for January 30, 2023. On August 8, 2023, the Court approved the Settlement of this action. This action has concluded.
The deadline to file a claim is July 11, 2023. If you have any questions or need further information about this settlement, you may go to the following website, http://www.strategicclaims.net/Zillow, or you can contact the claims administrator, Strategic Claims Services at 1-866-274-4004.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.