Zillow Group, Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to email@example.com.
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It is alleged in this complaint that Zillow made misleading and/or false statements and/or failed to disclose that: (1) Zillow experienced significant unpredictability when forecasting home prices in relation to its Zillow Offers business, despite operational improvements; (2) such unpredictability, as well as supply and labor shortages, caused a backlog of inventory; (3) It was reasonably likely that Zillow would wind-down its Zillow Offers business, which would have a material adverse impact on its financial results as a result of the foregoing; and (4) Zillow’s positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis, as a result of the foregoing.