An investigation for investors in NASDAQ:Z shares was announced concerning possible 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 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.
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.
Those who purchased NASDAQ:Z shares 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