On May 17, 2017, Thomas Claps, Susquehana litigation analyst, reported that the U.S. Consumer Financial Protection Bureau’s investigation into Zillow would could lead to “some fine and conduct-based restrictions” against Zillow’s current co-marketing program, which could “limit Zillow’s ability to generate co-marketing revenues.” Following this news Zillow stock dropped $3.02 per share, or roughly 6%, to close at $41.37 on May 17, 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 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC