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Zillow Executives Face Shareholder Lawsuits Over Redfin Deal and $81 Million in Stock Sales

Zillow Executives Face Shareholder Lawsuits Over Redfin Deal and $81 Million in Stock Sales

Written by Evan Caldwell Legal pressure surrounding Zillow’s controversial Redfin rental agreement is growing as shareholders turn their attention to company leadership. Zillow executives and directors are facing new shareholder lawsuits alleging that company leaders failed to properly disclose antitrust risks connected to Zillow’s $100 million rental-listing agreement with Redfin — while certain insiders allegedly sold more than $81 million worth of Zillow stock. The lawsuits add another chapter to a legal battle that has already attracted the attention of…

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