Shareholders Foundation, Inc.

Notice to Investors Who Hold Shares of Zillow Group Inc (NASDAQ:Z): Investigation over Potential Wrongdoing

An investigation for investors who currently hold NASDAQ:Z shares long-term, concerning possible wrongdoing at Zillow Group Inc was announced and NASDAQ:Z stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (SBWIRE) -- 06/01/2015 -- An investigation for investors in shares of Zillow Group Inc (NASDAQ:Z) was announced concerning whether certain Zillow Group directors breached their fiduciary duties and caused damages to Zillow Group and its shareholders.

Investors who purchased shares of Zillow Group Inc (NASDAQ:Z) and currently hold any of those NASDAQ:Z shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Zillow Group officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Shares of Zillow Group Inc (NASDAQ:Z) traded in July 2014 as high as $160.32 per share and declined to as low as $92.41 per share in early January 2015.

Zillow Group Inc reported that its annual Total Revenue rose from $116.85 million in 2012 to $325.89 million in 2014 while its Net Income of $5.94 million in 2012 declined to a Net Loss of $43.61 million in 2014. Shares of Zillow Group Inc (NASDAQ:Z) reached over $160 per share in July 2014 but have since then lost substantial value.

On May 28, 2015, NASDAQ:Z shares closed at $93.05 per share.

Those who purchased shares of Zillow Group Inc (NASDAQ:Z), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com