On or around 04/19/2019 (Ongoing date of last review)
Filing Date: August 22, 2017
According to the law firm press release, the lawsuit alleges Defendants throughout the Class Period 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. When the true details entered the market, the lawsuit claims that investors suffered damages.
On November 13, 2017, this case was transferred to the Western District of Washington. The case continues under Docket 17-CV-01387.
On November 16, 2017, Plaintiff filed an amended Complaint. On January 5, 2018, the Court issued an Order consolidating cases and appointing Lead Plaintiffs and Counsel. Lead Plaintiffs filed a consolidated amended Complaint on February 16. On April 5, Defendants filed a Motion to Dismiss the consolidated amended Complaint. On October 2, the Court issued a ruling granting Defendants' Motion to Dismiss. Lead Plaintiffs were given leave to file an amended Complaint. On November 16, Lead Plaintiffs filed a second consolidated amended Complaint. Defendants filed a Motion to Dismiss the second consolidated amended Complaint on December 17. On April 19, 2019, the Court issued an Order denying the Motion to Dismiss.
Company & Securities Information
Defendant: Zillow Group, Inc.
Industry: Software & Programming
Headquarters: United States
Ticker Symbol: Z
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Stephen Vargosko, et al. v. Zillow Group, Inc., et al.