Zoom sued for overstating, not disclosing privacy, security flaws [Yahoo! Finance News]
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: Yahoo! Finance News
FILE PHOTO: The Zoom Video Communications logo is pictured at the NASDAQ MarketSite in New York) - Zoom Video Communications Inc was slapped with a class action suit by one of its shareholders on Tuesday, accusing the video-conferencing app of overstating its privacy standards and failing to disclose that its service was not end-to-end encrypted.Shareholder Michael Drieu claimed in a court filing that a string of recent media reports highlighting the privacy flaws in Zoom's application have led to the company's stock, which had rallied for several days in the beginning of the year, to plummet.The company's shares closed down about 7.5% at $113.75 on Tuesday. They have lost nearly a third of their market value since touching record highs in late-March.Zoom Chief Executive Officer Eric Yuan last week apologized to users, saying the company had fallen short of the community's privacy and security expectations, and was taking steps to fix the issues. [https://bit.ly/2xURRaO]Zoom has been
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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