Zillow Group, Inc. (Z) Investigation

Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Zillow Group, Inc. (“Zillow” or “the Company”) (NASDAQ: Z). Investors who purchased Zillow securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/Z.

Investigation Details:

On March 5, 2024, Spruce Point Capital released a report alleging potential premature revenue recognition issues in Zillow’s Flex model, in which the Company recognizes revenue when a lead is sent to an agent, despite the agent then having up to two years to close a deal. On this news, Zillow’s stock price fell $2.85 per share, or 4.97%, to close at $54.49 per share on March 5, 2024.

What’s Next?

If you are aware of any facts relating to this investigation or purchased Zillow securities, you can assist this investigation by visiting the firm’s site: bgandg.com/Z. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240313400432/en/

The Zillow Group Registered (C) Stock at the time of publication of the news with a fall of -0,52 % to 51,48EUR on Tradegate stock exchange (13. März 2024, 08:01 Uhr).