Judge Orders Distribution Of Funds In $15 Million Zillow Securities Settlement

Mealey's ( January 15, 2025, 3:25 PM EST) -- SEATTLE — A federal judge in Washington ordered the distribution of a $15 million class action settlement in a case brought by investors against online real estate marketplace provider Zillow Group Inc. alleging that the provider concealed the development of a co-marketing program that violated the Real Estate Settlement Procedures Act (RESPA) and encouraged such violations in violation of federal securities laws....