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Lawsuit claims Zillow misled investors about state of home-buying business before shutdown
Bigstock Image / Casimiro A proposed class action lawsuit alleges that Seattle-based Zillow Group hid difficulties in its dwelling-acquiring enterprise from shareholders ahead of abruptly shutting the device down two weeks in the past. The go well with, filed by attorneys for Zillow shareholder Dibikar Barua in federal courtroom in Seattle, seems to be the initial in what could be a series of situations over the real estate company’s determination to shutter Zillow Gives. Other demo lawyers are actively trying to find Zillow shareholders to take part in supplemental litigation versus the company. Such circumstances are frequent when unexpected conclusions by companies trigger their share costs to plunge. Zillow Group’s…