Zillow agrees to pay $212.5M to settle investor lawsuit over failed home-flipping business
Zillow will pay $212.5 million to settle a shareholder class action alleging it misled investors about Zillow Offers, the home-flipping business it shut down in 2021. The deal, which needs court approval, comes three weeks after the U.S. Supreme Court declined to hear Zillow's challenge to the case's class status.
Zillow will pay $212.5 million to settle a shareholder class action alleging it misled investors about Zillow Offers, the home-flipping business it shut down in 2021. The deal, which needs court approval, comes three weeks after the U.S. Supreme Court declined to hear Zillow's challenge to the case's class status.
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