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Zillow Seeks Exit From Investor Consolidated Class Action

Law 360

Zillow Group Inc. has asked a Washington federal judge to toss an investor consolidated class action accusing the digital real estate company of concealing risks related to its home-buying business, saying that "from day one" Zillow disclosed the "inherent pricing risks" that came with the program.

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Investors Sue Zillow Execs In Home-Buying Meltdown

Law 360

Zillow Group Inc. shareholders sued company leaders Wednesday, alleging they hid risks and overrode internal property valuations as the real estate firm lost more than $1.2 billion on its home-buying program.