NEW YORK, Aug. 10, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Zillow Group, Inc. ("Zillow" or the "Company") (NASDAQ: Z). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/z.
The investigation concerns whether Zillow and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
In April 2017, Zillow received a Civil Investigative Demand from the Consumer Financial Protection Bureau (the "CFPB"). On August 8, 2017, Zillow revealed that the CFPB has concluded its investigation and has invited Zillow to discuss possible settlement and intends to pursue further action if a settlement cannot be reached. Following this news, Zillow stock dropped $4.34 per share or over 9% to close at $43.59 per share on August 9, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of Zillow, you can assist this investigation by visiting the firm's site: www.bgandg.com/z. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
View original content with multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-zillow-group-inc-z-300502966.html
SOURCE Bronstein, Gewirtz & Grossman, LLC