Authorization

ZM Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Investigation of Zoom Video Communications, Inc. and Encourages Investors to Contact the Firm

NEW YORK, April 5, 2020 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers ofAZoom Video Communications, Inc.A("Zoom"Aor "the Company") (NASDAQ:AZM).AInvestors who purchasedAZoom securitiesAare encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/zm. AAAA
ZM Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Investigation of Zoom Video Communications, Inc. and Encourages Investors to Contact the Firm
The investigation concerns whetherAZoomAand certain of its officers and/or directors have violated federal securities laws.On or around April 18, 2019, Zoom conducted its initial public offering ("IPO"), selling 9.91 million shares priced at $46 per share.A Then, on March 31, 2020,AThe InterceptAreported that Zoom's video conferencing software is not, in fact, end-to-end encrypted between meeting participants, contrary to the Company's suggestion.A Then, on April 1, 2020, post-market, citing review of an internal memo,AReutersAreported that Space Exploration Technologies Corp. ("SpaceX") had banned its employees from using Zoom's video conferencing software, due to "significant privacy and security concerns."A Between March 30 and April 2, 2020, Zoom's stock price fell $28.95 per share, or 19.19%, to close at $121.93 per share on April 2, 2020.If you are aware of any facts relating to this investigation, or purchasedAZoomAshares,Ayou can assist this investigation by visiting the firm's site: www.bgandg.com/zm.AA AAYou can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.A
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«     2020    »
 12345
6789101112
13141516171819
20212223242526
2728293031