ZM SHAREHOLDER UPDATE: Bronstein, Gewirtz & Grossman, LLC Reminds Zoom Video Communications, Inc. Investors of Class Action and Lead Plaintiff Deadline: June 8, 2020
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
- This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
- On or around April 18, 2019, Zoom conducted its initial public offering (IPO), selling 9.91 million shares priced at $46 per share.
- Then, on March 31, 2020,The Interceptreported that Zooms video conferencing software is not, in fact, end-to-end encrypted between meeting participants, contrary to the Companys suggestion.
- If you suffered a loss in Zoom you have until June 8, 2020 to request that the Court appoint you as lead plaintiff.