Los Angeles - 
(NewMediaWire) - November 4, 2021 - The
Schall Law Firm, a national shareholder rights litigation firm, announces that
it is investigating claims on behalf of investors of Zillow Group, Inc. (“Zillow” or “the Company”) (NASDAQ: Z) for violations of the securities laws.
The investigation
focuses on whether the Company issued false and/or misleading statements and/or
failed to disclose information pertinent to investors. Zillow announced on
November 1, 2021, that it would shut down its homebuying and selling unit.
According to the Company, the move is based on its inability to accurately
predict the movement of home prices. The Company announced it would also lay
off 25% of its workforce. Based on this news, shares of Zillow dropped more
than 10% on November 2, 2021.
If
you are a shareholder who suffered a loss, click here to participate.
We
also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East,
Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights
free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The
class in this case has not yet been certified, and until certification occurs,
you are not represented by an attorney. If you choose to take no action, you
can remain an absent class member.
The
Schall Law Firm represents investors around the world and specializes in
securities class action lawsuits and shareholder rights litigation.
This
press release may be considered Attorney Advertising in some jurisdictions
under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
