Shareholder Alert: Robbins LLP is Investigating Zoom Video Communications, Inc. (ZM) for Misleading Shareholders

Shareholder rights law firm Robbins LLP is investigating the officers and directors of Zoom Video Communications, Inc. (NASDAQ: ZM) for breaches of fiduciary duties on behalf of shareholders. Zoom provides a video-first communications platform that connects people through frictionless video, voice, chat, and content sharing.

If you suffered a loss due to Zoom's misconduct, click here.

Zoom Video Communications, Inc. (ZM) Enters Settlement With the Federal Trade Commission

The FTC brought a complaint against Zoom alleging that it engaged in deceptive and unfair business practices that undermined the security of its users. Since at least 2016, Zoom misled users by touting that it offered "end-to-end, 256-bit encryption" to secure users' communications, when it actually provided a lower level of security and even maintained the cryptographic keys that could allow Zoom to access the content of its customers' meetings. According to the FTC, these claims gave users a false sense of security, especially for those using the platform to discuss health and financial information.

Zoom shares dropped in response to the FTC's announcement of the settlement.

Zoom Video Communications, Inc. (ZM) Shareholders Have Legal Options

Contact us to learn more:
Lauren Levi
(800) 350-6003
llevi@robbinsllp.com
Shareholder Information Form

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