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0 -5.18215266621283E-05 0.000259107633310936 -0.000259107633310789 -0.00150282427320305 0.00606311861947461 -0.00352386381302782 -0.00481940197958221
Stock impact report

Zillow is the target of a massive infringement lawsuit that could force it to pay north of $1 billion in damages [Fortune]

CoStar Group, Inc. (CSGP) 
Last costar group, inc. earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: costargroup.com/investors/stock-info
Company Research Source: Fortune
CoStar's CEO also threatened Realtor.com and Redfin with similar suits. CoStar Group , the owner of Homes.com, Apartments.com, and several other real-estate websites, is suing Zillow, alleging the company has displayed tens of thousand of copyrighted photos on its sites. The suit, filed in U.S. District Court in the Southern District of New York, claims Zillow has displayed nearly 47,000 CoStar-copyrighted images on Zillow.com. CoStar is asking for permanent injunctive relief as well as “a substantial award of damages,” which could top $1 billion. “Zillow's theft of tens of thousands of CoStar Group's copyrighted photographs is nothing short of outrageous,” Andy Florance, CoStar's founder and CEO, said in a statement. “Zillow is profiting from decades of CoStar Group work and the billions of dollars we have invested. … We are committed to stopping this systematic infringement and holding the wrongdoers to account.” Zillow, which was sued earlier this month for antitrust , did Show less Read more
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