NEW YORK, NY / ACCESSWIRE / May 27, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.
Zoom Video Communications, Inc. (NASDAQ:ZM)
Class Period: April 18, 2019 - April 6, 2020
Lead Plaintiff Deadline: June 8, 2020
The ZM lawsuit alleges Zoom Video Communications, Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (i) Zoom had inadequate data privacy and security measures; (ii) contrary to Zoom's assertions, the Company's video communications service was not end-to-end encrypted; (iii) as a result of all the foregoing, users of Zoom's communications services were at an increased risk of having their personal information accessed by unauthorized parties, including Facebook; (iv) usage of the Company's video communications services was foreseeably likely to decline when the foregoing facts came to light; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Learn about your recoverable losses in ZM: http://www.kleinstocklaw.com/pslra-1/zoom-video-communications-inc-loss-submission-form?id=6947&from=1
SCWorx Corp. (NASDAQ:WORX)
Class Period: April 13, 2020 - April 17, 2020
Lead Plaintiff Deadline: June 29, 2020
Throughout the class period, SCWorx Corp. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) SCWorx's supplier for COVID-19 tests had previously misrepresented its operations; (2) SCWorx's buyer was a small company that was unlikely to adequately support the purported volume of orders for COVID-19 tests; (3) as a result, the Company's purchase order for COVID-19 tests had been overstated or entirely fabricated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
Learn about your recoverable losses in WORX: http://www.kleinstocklaw.com/pslra-1/scworx-corp-loss-submission-form?id=6947&from=1
Groupon, Inc. (NASDAQ:GRPN)
Class Period: November 4, 2019 - February 18, 2020
Lead Plaintiff Deadline: June 29, 2020
The GRPN lawsuit alleges that Groupon, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing fewer customer engagements in its Goods category; (2) Groupon relied on its Goods category to drive its sales, especially during the holiday season; (3) as a result of the foregoing, the Company was likely to experience reduced sales; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
Learn about your recoverable losses in GRPN: http://www.kleinstocklaw.com/pslra-1/groupon-inc-loss-submission-form?id=6947&from=1
Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
SOURCE: The Klein Law Firm
View source version on accesswire.com:
https://www.accesswire.com/591700/The-Klein-Law-Firm-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders-of-ZM-WORX-and-GRPN
