DEADLINE APPROACHING: Zoom Sued for Securities Fraud; Shareholders Who Have Lost Money Should Contact Block & Leviton Promptly
Zoom Video Communications, Inc. - Class A (ZM)
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm
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Source: GlobeNewswire
BOSTON, April 16, 2020 (GLOBE NEWSWIRE) -- Block & Leviton LLP (www.blockesq.com), a national securities litigation firm, announces that a class action lawsuit has been filed against Zoom Video Communications, Inc. (“Zoom”) (NASDAQ: ZM) and certain of its officers for securities fraud. The lead plaintiff deadline is June 8, 2020. Investors who purchased Zoom shares should contact Block & Leviton for a free case evaluation. Zoom’s stock price shot up in recent weeks as millions of people work from home, and schools are closed, due to COVID-19 restrictions. Zoom is a video conference service which allows numerous individuals to simultaneously join an online video conference. Zoom touted the safety and security of its online video conferences, including end-to-end encryption of those video conferences. Eric Yuan, Zoom’s chief executive officer, admitted to the Wall Street Journal, however, that Zoom does not, in fact, have the technology in place to provide end-to-end encryption of
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News
- Zoom Communications (NASDAQ:ZM) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c+)" rating to a "buy (b-)" rating.MarketBeat
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- Zoom Communications (NASDAQ:ZM) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Zoom Communications (NASDAQ:ZM) had its price target raised by analysts at JPMorgan Chase & Co. from $85.00 to $90.00. They now have a "neutral" rating on the stock.MarketBeat
- Zoom Communications (NASDAQ:ZM) had its "outperform" rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $100.00 price target on the stock.MarketBeat
ZM
Earnings
- 11/24/25 - Beat
ZM
Sec Filings
- 12/4/25 - Form 4
- 11/25/25 - Form 10-Q
- 11/24/25 - Form 8-K
- ZM's page on the SEC website