SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Zillow Group, Inc. - Z
Zillow Group, Inc. - Class C Capital Stock (Z)
Last zillow group, inc. - class c capital stock earnings: 8/6 04:06 pm
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Source: GlobeNewswire
NEW YORK, March 23, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Zillow Group, Inc. (“Zillow” or the “Company”) (NASDAQ: Z). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Zillow and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 5, 2024, Spruce Point Capital released a report alleging potential premature revenue recognition issues in Zillow’s Flex model, in which the Company recognizes revenue when a lead is sent to an agent, despite the agent then having up to two years to close a deal. On this news, Zillow’s stock price fell $2.85 per share, or 4.97%, to close at $54.49 per share on March 5, 2024. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as
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