SAN DIEGO, Dec. 08, 2022 (GLOBE NEWSWIRE) --

Opendoor Technologies Inc. (NASDAQ: OPEN)
Johnson Fistel, LLP is investigating potential claims on behalf of Opendoor Technologies Inc. (“Opendoor” or the “Company”) (NASDAQ: OPEN) against certain of its officers and directors.

If you are a current, long-term shareholder of Opendoor holding shares before December 21, 2020, you can click or copy and paste the link below in a browser to join this action:

https://www.johnsonfistel.com/investigations/opendoor-technologies-inc-open

Recently a class action complaint was filed against Opendoor. The filed complaint alleges that defendants made false statements and/or concealed that: (i) the algorithm used by the Company to make offers for homes could not accurately adjust to changing house prices across different market conditions and economic cycles; (ii) as a result, the Company was at an increased risk of sustaining significant and repeated losses due to residential real estate pricing fluctuations; (iii) accordingly, defendants overstated the purported benefits and competitive advantages of the algorithm; (iv) as a result, documents issued in connection with the merger between the Company and Opendoor Labs Inc. and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.

Zillow Group, Inc. (NASDAQ: Z, ZG)
Johnson Fistel, LLP is investigating potential claims on behalf of Zillow...

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