Energy News / Shareholders Foundation, Inc.

Investigation for Investors in NASDAQ:Z Shares over Possible Securities Laws Violations by Zillow Group, Inc.

Via: ReleaseWire

Updated 11:30 AM CDT, Tue, August 15,2017

An investigation for investors in Zillow Group, Inc. (NASDAQ:Z) shares over potential securities laws violations by Zillow Group, Inc. was announced and NASDAQ:Z stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 08/15/2017 -- Zillow Group, Inc is under investigation concerning potential violations of securities laws. The investigation was announced for investors in NASDAQ:Z shares in connection with certain financial statements made by Zillow Group, Inc.

Investors who purchased shares of Zillow Group, Inc. (NASDAQ:Z), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether a series of statements by Zillow Group, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

In April 2017 Zillow Group, Inc received a Civil Investigative Demand from the Consumer Financial Protection Bureau (the "CFPB").

On August 8, 2017, Zillow Group, Inc disclosed that the CFPB has concluded its investigation and has invited Zillow Group, Inc to discuss possible settlement. Zillow Group, Inc also disclosed that the CFPB intends to pursue further action if a settlement cannot be reached.

Shares of Zillow Group, Inc. (NASDAQ:Z) declined to as low as $40.06 per share on August 10, 2017.

On August 14, 2017, NSADAQ:Z shares closed at $41.58 per share.

Those who purchased shares of Zillow Group, Inc. have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/investigation-for-investors-in-nasdaqz-shares-over-possible-securities-laws-violations-by-zillow-group-inc-848479.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com