Zillow agrees to pay $212.5M to settle investor lawsuit over failed home-flipping business
AI Summary
A for-sale sign on a home sold through Zillow Offers, the company’s home-flipping business, which Zillow shut down in 2021. The company has agreed to pay $212.5 million to settle an investor lawsuit over its statements about the business. (Zillow Photo) Zillow will pay $212.5 million to settle a shareholder class action lawsuit over its handling of Zillow Offers, the home-flipping business it shut down in 2021.
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