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ZG.US
id: 2089

Zillow ($Z/$ZG) Redfin Rental Agreement Antitrust Risk Case

Investors can submit applications for the lead plaintiff role.
W.D. Washington
Court
2:26-cv-02016
Case number
02/11/2025
Class period Start
05/07/2026
Class period End
08/10/2026
Lead Plaintiff motion deadline
  • $Z and $ZG investors filed a claim against Zillow for describing its Redfin rental-listing deal as a partnership while concealing that it effectively removed Redfin as a competitor.
  • After the FTC filed an antitrust lawsuit over the Redfin agreement, $Z fell 4.3% on September 30, 2025.
  • $Z and $ZG investors can join this case to be notified about potential recovery.
Case Details:

Between February 11, 2025 and May 7, 2026, Zillow described its agreement with Redfin as a rentals partnership that made Zillow the exclusive provider of multifamily rental listings on Redfin’s platforms.

Management emphasized expanded distribution and support for Zillow’s long-term rentals strategy.

However, during this same period, the agreement functioned in a way that reduced Redfin’s role in multifamily rental advertising.

Redfin transitioned customers to Zillow and exited parts of the rental advertising market, while Zillow gained access to competitively sensitive information and personnel.

On September 30, 2025, the FTC filed a lawsuit challenging the agreement as anti-competitive. $Z fell 4.3%, closing at $77.05.

By May 8, 2026, $Z had dropped to $41.43, representing a total decline of 46.2%.

Based on these events, $Z and $ZG investors filed a case against Zillow, stating that the company:
  • Described the agreement as a standard rental partnership.
  • Reduced Redfin’s role in multifamily rental advertising through the deal structure.
Investors argue Zillow misrepresented the nature of the Redfin agreement and the resulting competitive and regulatory risks, leading to losses when these issues became visible.
Case Type
US Securities Class Action
Case Status
Lead Plaintiff Submission
Alleged Offence
Misleading Statements
Fraud
Failure to Disclose
Omissions
Suspected Party
Management
Security Type
Stocks
Trade Direction
Long
Shock Event Date
09/30/2025
Filing date
06/09/2026
Lead Plaintiff Deadline
08/10/2026

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