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Stock impact report

Investor Alert: Kaplan Fox Announces Investigation Of Zoom Video Communications, Inc.

Zoom Video Communications, Inc. - Class A (ZM) 
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm Check Earnings Report
Company Research Source: PR Newswire
NEW YORK, April 21, 2020 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Zoom Video Communications, Inc. ("Zoom" or the "Company") (NASDAQ: ZM), a company that provides a video communications platform application. A complaint has been filed against the Company and certain officers of the Company on behalf of investors that purchased or otherwise acquired Zoom securities between April 18, 2019 and April 6, 2020.On or about April 18, 2019, Zoom conducted its initial public offering ("IPO") by selling 9.9 million Zoom shares at the price of $36 per share.According to the action, the truth about the deficiencies in Zoom's software encryption began to come to light as early as July 2019. However, due in large part to the Company's obfuscation, it was not until the COVID-19 pandemic in March and April of 2020, with businesses and other organizations increasingly relying on Zoom's video communication software to facilitate rem Show less Read more
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