||Zillow Group, Inc.
||United States District Court for The Western District of Washington
||The Hon. John C. Coughenour
||Between November 17, 2017 - August 8, 2017
||Publicly Traded Securities
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.
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.
Current Status of Case:
On October 28, 2020, the Court granted Plaintiff’s Motion for Class Certification and certified the Class on behalf of all persons who purchased or otherwise acquired Zillow securities between November 17, 2014 and August 8, 2017, both dates inclusive. This action is ongoing.
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