Zoom seeks to dismiss the suit on the grounds Zoom Video Communications, Inc., and individual investor Adam Butt was named as the lead plaintiff. Prices to plummet and damaged investors. This suit was later consolidated with Brams v. News reports highlighting the company’s security concerns caused its stock In the complaint, he claims that a series of filed a motion to dismiss the consolidated class action lawsuit alleging it overstated its data privacy and security measures and failed to disclose that its service is not end-to-end encrypted.Ĭalifornia resident Michael Drieu filed the initial suitĬommunications application company in April of 2020 on behalf of all shareholders who acquired Zoom securities betweenĪpand April 6, 2020. Late last week, Zoom Video Communications, Inc.
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