What Does Zillow Group (ZG) Need To Prove After Its $212.5 Million Settlement?

Zillow Group (NasdaqGS:ZG) agreed to a US$212.5 million investor class action settlement tied to its former Zillow Offers unit. The resolution addresses allegations that investors were misled about the risks and performance of the home-buying and selling operation. The settlement follows years of litigation after Zillow shut down Zillow Offers, its iBuyer venture focused on flipping residential properties. The US$212.5 million Zillow Offers settlement only captures one side of how Zillow...