Zillow Group, Inc. Investigated by the Portnoy Law Firm

LOS ANGELES, March 12, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Zillow Group, Inc., (“Zillow" or the "Company") (NASDAQ: ZG) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/zillow-group-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

Zillow’s stock price fell $2.85, or 5%, to close at $54.49 per share on March 5, 2024, thereby injuring investors. This decline occurred after Spruce Point Capital Management released a report on March 5, 2024, which alleged, among other claims, that the company “uses wildly aggressive revenue recognition and expense policies that can be used to embellish revenues and earnings.” The report noted that these practices were particularly “alarming in context of Zillow’s CFO departing last year.”

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
[email protected]
310-692-8883
www.portnoylaw.com

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