We are investigating Zillow Group, Inc. (NASDAQ: Z), (NASDAQ: ZG) for potential securities law violations.
Why is there an investigation?
After the markets closed on November 2, 2021, Zillow announced it was shutting down its house flipping business, “Zillow Offers.” The company also announced it plans to cut 25% of its workforce. On this news, shares of Zillow stock fell 23% from its close on November 2, 2021, to its close on November 3, 2021.
Who is eligible to recover losses?
Anyone who purchased Zillow Group, Inc. stock and has lost money may be eligible, whether or not they have sold their investment. Use the form below to contact us and learn more.
What should you do next?
If you’ve lost money on your investment, complete and submit the form below and an attorney will contact you to discuss your legal rights and options.