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CLASS ACTION UPDATE for EAR, Z and ONTF: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / November 18, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

EAR Shareholders Click Here: https://www.zlk.com/pslra-1/eargo-inc-loss-submission-form?prid=21365&wire=1
Z Shareholders Click Here: https://www.zlk.com/pslra-1/zillow-group-inc-information-request-form?prid=21365&wire=1
ONTF Shareholders Click Here: https://www.zlk.com/pslra-1/on24-inc-loss-submission-form?prid=21365&wire=1

* ADDITIONAL INFORMATION BELOW *

Eargo, Inc. (NASDAQ:EAR)

This lawsuit is on behalf of all persons or entities that purchased or otherwise acquired: (a) Eargo shares in or traceable to the Company's initial public offering of common stock conducted on or around October 15, 2020 (the "Offering"); and/or (b) shares of Eargo common stock between October 15, 2020 and September 22, 2021, inclusive.
Lead Plaintiff Deadline : December 6, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/eargo-inc-loss-submission-form?prid=21365&wire=1

According to the filed complaint, (1) Eargo had improperly sought reimbursements from certain third-party payors; (2) the foregoing was reasonably likely to lead to regulatory scrutiny; (3) as a result and because the reimbursements at issue involved the Company's largest third-party payor, Eargo's financial results would be adversely impacted; 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.

Zillow Group, Inc. (NASDAQ:Z)

Z Lawsuit on behalf of: investors who purchased February 10, 2021 - November 2, 2021
Lead Plaintiff Deadline : January 18, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/zillow-group-inc-information-request-form?prid=21365&wire=1

According to the filed complaint, during the class period, 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.

On24, Inc. (NYSE:ONTF)

This lawsuit is on behalf of persons and entities who also acquired ON24's shares pursuant and traceable to the Company's February 2, 2021, initial public offering.
Lead Plaintiff Deadline : January 3, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/on24-inc-loss-submission-form?prid=21365&wire=1

According to the filed complaint, the surge in COVID-19 customers observed in the lead up to the IPO consisted of a significant number that did not fit ON24's traditional customer profile, and, as a result, were significantly less likely to renew their contracts.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/673649/CLASS-ACTION-UPDATE-for-EAR-Z-and-ONTF-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders

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