Z ALERT: The Klein Law Firm Reminds Investors of a Lead Plaintiff Deadline of January 18, 2022 in the Class Action Filed on Behalf of Zillow Group, Inc. Limited Shareholders - Yahoo Finance
NEW YORK, NY / ACCESSWIRE / December 14, 2021 / The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Zillow Group, Inc. (NASDAQ:Z) alleging that the Company violated federal securities laws.
Class Period: February 10, 2021 to November 2, 2021
Lead Plaintiff Deadline: January 18, 2022
No obligation or cost to you.
Learn more about your recoverable losses in Z:
Zillow Group, Inc. NEWS - Z NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Zillow Group, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) despite operational improvements, the Company experienced significant unpredictability in forecasting home prices for its Zillow Offers business; (2) such unpredictability, as well as labor and supply shortages, led to a backlog of inventory; (3) as a result of the foregoing, the Company was reasonably likely to wind-down its Zillow Offers business, which would have a material adverse impact on its financial results; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Zillow you have until January 18, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Zillow securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the Z lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
source: https://finance.yahoo.com/news/z-alert-klein-law-firm-150000576.html
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