id: 655, Created by Stan Vick, Scout
Zillow Group (Z) Investors $15M settlement
How it works?
- Company agreed to settle with investors to avoid further litigation
- We prepare documents and claim payout for you
Claim deadline for this case already passed by, but we can still try and file for compensation for you
17 Nov 2014Class period Start
08 Aug 2017Class period End
11 Jul 2023Claim deadline
Zillow Group (Z) agreed to pay $15 million to investors to settle a lawsuit that alleged the Company withheld information about a federal probe into a co-marketing program for lenders and real estate agents.
The lawsuit alleged that during the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose that Zillow's co-marketing program did not comply with the Real Estate Settlement Procedures Act. Furthermore, Zillow's public statements were allegedly materially false and misleading throughout the relevant times.
When the true details of these allegations entered the market, the lawsuit claimed that investors suffered damages.
22 August 2017
Jo Ann Offutt, Raymond Harris, Johanna Choy
Hall & George PLLC (Seattle, WA), The Rosen Law Firm P.A. (New York, NY)
Spencer M. Rascoff, Kathleen Philips
Hon. John C. Coughenour
Strategic Claims Services
Court hearing date
08 August 2023
18 July 2023
+$15,000,000Total Settlement Amount