Zillow, the number one online real estate website, is facing a $5 million class action lawsuit for intimidating employees to skip meals and work long hours without pay.
1. Who was Zillow’s top competition and how much did Zillow pay to buy the company?
2. Would this acquisition be reported on the Statement of Cash Flows? If so, where?
3. What other online companies have had wage disputes and/or violations of labor laws?
Williams, Lauren C. (2014). The Facebook Of Real Estate Allegedly Forced Workers To Skip Meals And Work Without Pay. ThinkProgress.org, November 21 (Retrievable online at http://thinkprogress.org/economy/2014/11/21/3595562/zillow-lawsuit/)