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EQUITY ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Zillow Group, Inc.

Tuesday, 09 November 2021 12:35 PM

Levi & Korsinsky, LLP

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / November 9, 2021 / Levi & Korsinsky notifies investors that it has commenced an investigation of Zillow Group, Inc. ("Zillow" or the "Company") (NASDAQ:Z)(NASDAQ:ZG) concerning possible violations of federal securities laws.

Levi & Korsinsky, LLP, Tuesday, November 9, 2021, Press release picture

On November 1, 2021, Zillow announced 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.

On this news, shares of Zillow dropped more than 10% on November 2, 2021. To obtain additional information, go to:

https://www.zlk.com/pslra-1/zillow-group-inc-information-request-form

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500.

WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars for shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by corporations.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington, D.C. The Firm's Founding Partners, Joseph Levi and Eduard Korsinsky, have been representing shareholders and institutional clients for almost 20 years and have achieved remarkable results for clients in the U.S. and internationally. The firm, with more than 80 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those that we represent. Our attorneys have extensive expertise representing investors in securities litigation with a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was ranked in Institutional Shareholder Services' ("ISS") SCAS Top 50 Report for 7 years in a row as a top securities litigation firm in the United States. The SCAS Top 50 Report identifies the top plaintiffs' securities law firms in the country, and year after year, ISS has recognized Levi & Korsinsky as a leading firm in the area of securities class action litigation.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

Topic:
Lawsuits
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