EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Zoom Video Communications, Inc. – ZM
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: Business Wire
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Zoom Video Communications, Inc. (NASDAQ: ZM) resulting from allegations that Zoom may have issued materially misleading business information to the investing public.On Mar. 30, 2020, the New York Times reported that New York’s attorney general sent a letter to Zoom, questioning the company’s security measures, including actions taken to remedy a reported flaw allowing hackers to take over Zoom webcams. According to the NYT, the New York attorney general also challenged the company’s sharing of consumer data with Facebook and other entities.Then, on Apr. 2, 2020, Bloomberg reported “[on]line trolls have been sneaking into web meetings and disrupting them with profanities and pornography for at least the better part of the last month.”This news has driven the price of Zoom shares sharply lower.Finally, recent regulatory
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ZM
News
- Zoom Video Communications, Inc. (NASDAQ: ZM) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $100.00 price target on the stock, up previously from $85.00.MarketBeat
- Zoom Video Communications, Inc. (NASDAQ: ZM) had its price target raised by analysts at Morgan Stanley from $86.00 to $96.00. They now have an "equal weight" rating on the stock.MarketBeat
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ZM
Earnings
- 11/25/24 - Beat
ZM
Sec Filings
- 12/11/24 - Form 4
- 12/11/24 - Form 4
- 12/11/24 - Form 4/A
- ZM's page on the SEC website