ZOOM VIDEO COMMUNICATIONS, INC. INVESTIGATION
Squitieri & Fearon, LLP is investigating claims that the directors and executive officers of Zoom Video Communications, Inc., knew but failed, throughout 2019 and early 2020, to disclose material information about security deficiencies in its systems and protocols until March and April 2020. When such information was revealed, Zoom’s stock price declined over $29.00 in one day. Even as shareholders were paying inflated prices for Zoom stock, its officers and directors were selling over 170 million dollars of Zoom stock before the truth about Zoom’s systems was revealed.
Squitieri & Fearon is investigating whether Zoom’s officers and directors who sold over 170 million dollars of Zoom stock breached their fiduciary duties to Zoom and whether those directors and officers should repay to Zoom such insider trading profits.
Squitieri & Fearon, LLP is investigating claims to hold the directors and officers accountable for their conduct and dereliction of duties and harm to Zoom.
If you suffered losses on your investments you may be eligible to receive compensation through a class action lawsuit. Please contact Stephen J. Fearon, Jr. by e-mail at stephen@sfclasslaw.com or by phone at (212) 421-6492. You can also complete the following form and someone from the firm will contact you.