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Learn More About the Investigation Into
Opendoor Technologies Inc.’s Board Of Directors for Potential Breach of Fiduciary Duties

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Are you a current or former employee of Opendoor Technologies?

How many shares did you purchase? Please provide ALL transactions.

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About the Investigation

On September 19, 2022, citing a review of industry data, Bloomberg reported that Opendoor appeared to have lost money on 42% of its transactions in August 2022. Bloomberg further reported that the data was even worse in key markets such as Los Angeles, where Opendoor lost money on 55% of sales, and Phoenix, where it lost money on 76% of sales. Bloomberg’s findings evidenced the failure of Opendoor’s Algorithm to adjust accurately to changing market conditions.

Whistleblowers: Persons with non-public information regarding Opendoor are encouraged to confidentially assist Berger Montague’s investigation or take advantage of the SEC Whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us.

If you are an Opendoor shareholder and would like to learn more about our investigation and how it may affect you, please contact Berger Montague using the form above.