SproutNews logo

ZILLOW INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Zillow Group, Inc. To Contact The Firm

NEW YORK, NY / ACCESSWIRE / August 29, 2017 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Zillow Group, Inc. (“Zillow” or the “Company”) (NASDAQ: Z).

On August 8, 2017, Zillow filed a Form 10-Q report in which it disclosed that the Consumer Financial Protection Bureau (“CFPB”) had concluded its investigation into the Company relating to alleged violations of the Real Estate Settlement Procedures Act and the Consumer Financial Protection Act, following a Civil Investigative Demand sent by the CFPB in April 2017. Additionally, the Company revealed that it had been invited by the CFPB to discuss a possible settlement, and that the CFPB intends to pursue further action against the Company if those discussions do not result in a settlement.

On this news, Zillow’s share price declined from $47.93 on August 8, 2017, to a closing price of $43.59 on August 9, 2017 – a $4.34 or 9.05% drop.

If you invested in Zillow stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/Z. There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at
877-247-4292 or at 212-983-9330 or by sending an e-mail to
rgonnello@faruqilaw.com.

CONTACT:

FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

SOURCE: Faruqi & Faruqi, LLP

ReleaseID: 474083

Go Top