Levi & Korsinsky, LLP reminds investors of an investigation involving possible securities fraud violations by certain officers and directors of Zillow Group, Inc.
NEW YORK, NY / ACCESSWIRE / November 9, 2021 / Levi & Korsinsky Notifies Investors It Has Investigated Zillow Group, Inc. (“Zillow” or the “Company”) (NASDAQ: Z) (NASDAQ: ZG) Regarding Possible Violations of Federal Securities Laws movable.
On November 1, 2021, Zillow announced the closure of its home buying and selling unit. According to the company, this decision is based on its inability to accurately predict the evolution of house prices. The company said it would also lay off 25% of its workforce.
On this news, Zillow shares fell more than 10% on November 2, 2021. For additional information, go to:
or contact Joseph E. Levi, Esq. either by email at [email protected] or by phone at (212) 363-7500.
WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars to shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by companies.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington, DC The firm’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients since nearly 20 years and have achieved remarkable results for clients in the United States and abroad. The firm, which has more than 80 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those we represent. Our lawyers have extensive expertise in representing investors in securities litigation with a history of recovering hundreds of millions of dollars in cases. Levi & Korsinsky has been ranked in the Institutional Shareholder Services (“ISS”) SCAS Top 50 report for 7 consecutive years as the best securities litigation firm in the United States. The SCAS Top 50 report identifies the leading plaintiff securities law firms in the country, and year after year ISS has recognized Levi & Korsinsky as a leading firm in the field of securities class actions.
THE SOURCE: Levi & Korsinsky, LLP
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