Zoom’s flagship product is “Zoom Meetings” which is a service that allows remote users to communicate with one another through video conferencing, collaborative meetings, text based chat, and file sharing. Zoom designs, develops, and sells a popular cloud-based communications platform that concentrates on video conferencing. The Action, which asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and SEC Rule 10b-5 promulgated thereunder, is brought on behalf of all persons and entities who purchased or otherwise acquired Zoom securities from Apthrough April 6, 2020, both dates inclusive (the “Class Period”), who were damaged thereby (the “Class”). (“Zoom” or the “Company”) and certain executives (collectively, “Defendants”). Cal.) (the “Action”), on behalf of its client Kim Brams (“Brams”) against Zoom Video Communications, Inc. Labaton Sucharow LLP (“Labaton Sucharow”) announces that on April 8, 2020, it filed a securities class action lawsuit, captioned Brams v.
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