Judge: Amended Securities Class Action Complaint Cures Pleading Deficiencies

Mealey's (April 23, 2019, 1:36 PM EDT) -- SEATTLE — A federal judge in Washington on April 19 ruled that lead plaintiffs have cured the pleading deficiencies that led to a prior dismissal of their securities class action complaint against online real estate marketplace provider Zillow Group Inc. and certain of its senior officers by sufficiently alleging that the defendants 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 (In re Zillow Group Inc. Securities Litigation, No. 17-1387, W.D. Wash., 2019 U.S. Dist. LEXIS 67197)....