3:20cv2353 • April 7, 2020
Class Period Start
April 17, 2019
Class Period End
July 2, 2020
PSLRA Deadline
June 8, 2020
Case Allegations
10b5
Statutes of Repose
Apr 17, 2022
Country
United States
Court
Federal Court
Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.
Claim Deadline
September 16, 2025
Settlement Fund
$150,000,000
Settlement Status
Final Approval
Settlement Class
All persons or entities that purchased or otherwise acquired Zoom Video Communications, Inc. (“Zoom”) Securities during the period between April 18, 2019 and April 6, 2020, inclusive.
Claim Administrator
Gilardi & Co. LLC
P.O. Box 301133
Los Angeles, CA 90030-1133
+1 888-710-2846
[email protected]
Settlement Website
https://www.zoomsecuritiessettlement.com/Hearing Date
October 9, 2025
Opt-out Deadline
September 18, 2025
Settlement Note
Download hereProof Of Claim
Download here
Nov 10, 2025
The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.
Jul 18, 2025
Motion for Final Approval of Settlement
The parties have asked the court to grant final approval of the proposed settlement. The judge will consider whether the settlement should be approved after reviewing the settlement terms and any objections. If approved, eligible investors who submit valid claims may receive a payment after the claims review and distribution process is completed.
May 28, 2025
To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.
May 28, 2025
May 28, 2025
Preliminary Approval of Settlement
The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.
Mar 24, 2025
Motion for Preliminary Approval of Settlement
The parties have asked the court to give preliminary approval to a proposed settlement. The judge will review the request and decide whether the settlement can move forward to the next stage. If approved, potential class members will generally receive information about the settlement and their rights, including any deadlines for taking action.
Oct 18, 2023
Motion for Preliminary Approval of Settlement
The parties have asked the court to give preliminary approval to a proposed settlement. The judge will review the request and decide whether the settlement can move forward to the next stage. If approved, potential class members will generally receive information about the settlement and their rights, including any deadlines for taking action.
Feb 28, 2022
Feb 16, 2022
Motion to Dismiss Denied in Part
The court has determined that plaintiffs have adequately alleged some of their claims, but have failed to adequately allege other claims. The judge has therefore denied in part the motion to dismiss filed by defendants and written an order stating which claims are dismissed and which remain. The case will proceed and parties will litigate the remaining claims.
May 20, 2021
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Dec 23, 2020
A new complaint has been filed on behalf of certain investors in Zoom Communications, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Nov 24, 2020
Nov 4, 2020
The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.
Jun 5, 2020
May 18, 2020
Apr 8, 2020
Another plaintiff has filed a complaint on behalf of investors in Zoom Communications, Inc.. The allegations and class definitions are substantively the same.
Apr 8, 2020
Apr 7, 2020
A securities fraud class action complaint has been filed on behalf of certain investors in Zoom Communications, Inc..
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