An investigation on behalf of investors in NASDAQ:Z shares over potential wrongdoing at Zillow Group, Inc was announced and NASDAQ:Z stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/15/2016 -- An investigation for shareholders of Zillow Group, Inc (NASDAQ:Z) was announced over potential breaches of fiduciary duties by certain directors at Zillow Group, Inc.
Investors who purchased shares of Zillow Group, Inc. (NASDAQ:Z) have certain options and should contact the Shareholders Foundation at email@example.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.
Zillow Group, Inc reported that its annual Total Revenue increased from $1116.85 million in 2012 to $644.68 million in 2015 while its Net Income of $5.94 million in 2012 declined to a Net Loss of $148.87 million in 2015. Shares of Zillow Group, Inc.- Class C (NASDAQ:Z) declined from $33.45 per share in October 2015 to as low as $15.36 per share on February 8, 2016.
On March 11, 2016, NASDAQ:Z shares closed at $23.08 per share.
Those who purchased shares of Zillow Group, Inc (NASDAQ:Z) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego