ZM News

NEW YORK, NY / ACCESSWIRE / May 28, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased ...

NEW YORK, May 27, 2020 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Zoom Video Communications, Inc. (NASDAQ: ZM) between April.

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Zoom Video Communications, Inc. (ZM), eHealth, Inc. (EHTH), ServiceMaster Global Holdings, Inc. (SERV), and iAnthus Capital Holdings, Inc. (Other OTC: ITHUF). On March 22, 2019, Zoom filed a registration statement on Form S-1 with the SEC in connection with its initial public offering (“IPO”), which, after several amendments, was declared effective by the SEC on April 17, 2019 (the “Registration Statement”). On April 18, 2019, Zoom filed a prospectus on Form 424B4 with the SEC in connection with its IPO, which purported to provide information necessary for investors to consider before partaking in its IPO and purchasing the Company’s newly publicly-issued stock (collectively with the Registration Statement, the “Offering Documents”).

NEW YORK, NY / ACCESSWIRE / May 27, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate ...

(Bloomberg) -- Box Inc. reported quarterly profit that easily beat Wall Street estimates, after the maker of file-sharing and collaboration software trimmed expenses. The stock rose more than 1% in extended trading.Earnings, excluding certain items, came in at 10 cents a share in the fiscal first quarter. Analysts were looking for 5 cents, on average, according to data compiled by Bloomberg. Sales rose 13% to $184 million, topping Wall Street projections.For the full fiscal year, Box forecast profit of 47 cents to 52 cents a share, compared with analysts’ estimates of 37 cents.Chief Executive Officer Aaron Levie has been under pressure to boost sales growth and profitability. He has sought to cut unnecessary expenses, and Wednesday’s results reflected that. The company said it expects an adjusted operating margin of 11% to 12% this fiscal year, up from a previous forecast of 9% to 10%. “Our Q1 results demonstrate the progress that we’ve made on driving a balance of growth and profitability, and our ability to power secure remote work for enterprises provides us a large opportunity going forward,” Levie said in a statement. Box reached an agreement in March with activist investor Starboard Value LP to appoint three new independent directors. The company unveiled a new app design and a deeper integration with Zoom Video Communications Inc. this month, in a bid to bolster the appeal of Box’s services.Now, Levie is contending with a coronavirus pandemic that has triggered a deep recession and forced millions of people to shelter at home. Box trimmed its annual sales forecast on Wednesday, suggesting weaker demand from small-business customers.Carl Bass, the former CEO of software maker Autodesk Inc. joined Box’s board, the company also announced.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

New York, New York--(Newsfile Corp. - May 27, 2020) -  The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Zoom Video Communications, Inc. (NASDAQ: ZM) ("Zoom") between April 18, 2019 and April 6, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Northern District of California. To ...

Zoom Video Communications (ZM) closed the most recent trading day at $161.97, moving -1.24% from the previous trading session.

Shopify, Zoom Video, ServiceNow and other software growth stocks fell on Wednesday as the coronavirus lockdown eased and investors took profits on work-from-home and e-commerce plays.

Shares of Netflix Inc. pulled an intraday U-turn to close higher Wednesday, snapping the longest-losing streak in nearly 10 months, and bucking the launch of the rival HBO Max service and the recent rotation away from COVID-19 beneficiaries.

NEW YORK, NY / ACCESSWIRE / May 28, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested ...

Zoom Video's (ZM) first-quarter fiscal 2021 results are expected to reflect solid user growth, driven by coronavirus-led remote working and Internet education wave.

Zoom Video Communications, Inc. (ZM) today announced that Damien Hooper-Campbell will join the company as its first Chief Diversity Officer, effective June 1, 2020. Hooper-Campbell brings over 15 years of expertise in diversity and inclusion, leadership and management coaching, recruiting, community engagement, and finance to this role.

Try this trade on for size amidst the brewing battle between President Trump and social media companies.

New York, New York--(Newsfile Corp. - May 28, 2020) - Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Zoom Video Communications, Inc. ("Zoom" or "the Company") (NASDAQ: ZM) on behalf of shareholders who purchased Zoom securities between April 18, 2019 and April 6, 2020, inclusive (the ''Class Period''). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/zm. ...

NEW ORLEANS, May 27, 2020 -- ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits:.

New York, New York--(Newsfile Corp. - May 28, 2020) -  Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Zoom Video Communications, Inc. (NASDAQ: ZM) ("Zoom" or the "Company") of the June 8, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi logoIf you invested in Zoom stock or options between April 18, 2019 ...

New York, New York--(Newsfile Corp. - May 27, 2020) -  The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Zoom Video Communications, Inc. (NASDAQ: ZM) alleging that the Company violated federal securities laws.Class Period: April 18, 2019 and April 6, 2020Lead Plaintiff Deadline: June 8, 2020Learn more about your recoverable losses in DNK:http://www.kleinstocklaw.com/pslra-1/zoom-video-communications-inc-loss-submission-form?id=6943&from=5The filed complaint alleges that Zoom Video Communications, Inc. made materially false and/or ...

ZoomInfo becomes the second significant non-health-care company to take a step toward an IPO this week, following a similar move by the Warner Music Group on Tuesday.

NEW YORK, NY / ACCESSWIRE / May 28, 2020 / Labaton Sucharow LLP, a leading investor rights law firm, announces it is developing a proprietary investigation concerning potential securities claims on behalf of shareholders of Zoom Video Communications, Inc. (ZM) resulting from allegations that Zoom may have issued materially misleading business information to the investing public. On April 22, 2020, in a blog post, Zoom announced that its "user" base had grown to 300 million. Last month, Yuan said the company would stop adding new features to Zoom so it can devote its resources to addressing issues like "Zoombombing," when uninvited attendees enter your meeting.

Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Zoom Video Communications, Inc. ("Zoom” or "the Company") (ZM) on behalf of shareholders who purchased Zoom securities between April 18, 2019 and April 6, 2020, inclusive (the ''Class Period''). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Zoom had inadequate data privacy and security measures; (2) contrary to Zoom’s assertions, the Company’s video communications service was not end-to-end encrypted; (3) as a result of all the foregoing, users of Zoom’s communications services were at an increased risk of having their personal information accessed by unauthorized parties, including Facebook; (4) usage of the Company’s video communications services was foreseeably likely to decline when the foregoing facts came to light; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times.