secwatch.observer — SEC 8-K summary
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Issuer:     ZILLOW GROUP, INC. (ZG)
CIK:        0001617640
Form:       8-K
Filed at:   2026-10-28T20:30:24+00:00
Accession:  0001617640-26-000063
Event type: litigation
Sentiment:  neutral
Materiality: 0.62
Item codes: 1.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Zillow settles Jaeger securities class action for $212.5M cash; ~$48M covered by insurance
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- Settlement resolves all claims in Jaeger v. Zillow Group (W.D. Wash., Case No. 2:21-cv-01551-TSZ); no admission of liability or wrongdoing.
- Payment of $212.5M into escrow due within 20 business days after court preliminary approval; ~$48M expected from insurance proceeds.
- Settlement class covers buyers of ZG Class A or Z Class C stock from Aug. 5, 2021 to Nov. 2, 2021.
- Still subject to court approval and fairness hearing; can be terminated if exclusions exceed a confidential share threshold.
- Related shareholder derivative actions remain pending and are unaffected by this settlement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617640/000161764026000063/0001617640-26-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617640/000161764026000063/z-20261027.htm
  HTML page:      https://secwatch.observer/filing/0001617640-26-000063

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer