Redfin

Zillow also is getting sued.

Zillow exec sued over Redfin rental deal and 81 million in stock sales.

Can you say insider trading? A Zillow shareholder has filed a derivative lawsuit against CEO Jeremy Waxman and other current and former company officials, officers, and directors alleging they failed to adequately disclose antitrust risk tied to zillow's 2025 redfin rentals agreement and the certain insiders sold more than 81 million in company stock before those risks became public the september 9th complaint filed in king county superior court in washington accused the defendants of breaches of fiduciary duties unjust enrichment and waste of corporate assets the suit was filed derivatively on behalf of zillow meaning that the shareholder is seeking to recover for alleged harm to the company itself and then so they still sold 81 million dollars in stock and then news broke and the guy is like well y'all knew this news ahead of time Among the complaint's most significant allegations is that Waxman and seven other Zillow executives and directors sold more than $81 million in personally held Zillow stock, while allegedly possessing material non-public information about Redfin agreement and the antitrust risks surrounding it.

The complaint alleges that between February 2025 and the time the FTC action had become public in September 2017, Waxman sold 118,968 shares for about 7.2 million.

Zillow co-founder Rich Barton sold 350,000 shares for 29 million.

Like, who cares? I would understand if it was like she bought like a $20 million house using her, but it's like...

She's literally just filming, scrolling, like, Redfin.

Like, who gives a fuck, you freak?

Yeah, it was on Redfin, for God's sakes.

And Heather goes, Gina's a fucking moron.

She's like, it's not even in her area.

You need to pick your line in the sand.

Like, you need to be able to go on Redfin a month from now and see it sold for a thousand more than you offered and be comfortable with it.

If you'd be bummed out, then you should go up another thousand until you feel that way.

I went $100,000 over my line in the sand on my own house.