{"id":393832,"date":"2020-12-05T00:40:29","date_gmt":"2020-12-05T05:40:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=393832"},"modified":"2020-12-05T00:40:29","modified_gmt":"2020-12-05T05:40:29","slug":"zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\/","title":{"rendered":"ZOOM VIDEO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. – ZM"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW ORLEANS<\/span>, Dec. 5, 2020<\/span> \/PRNewswire\/ —\u00a0Former Attorney General of Louisiana<\/span>, Charles C. Foti, Jr., Esq.<\/span>, a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Zoom Video Communications, Inc. (NasdaqGS: ZM). <\/p>\n

\n

\n
\n \"Kahn
\n <\/a>\n <\/p>\n<\/p><\/div>\n

On November 10, 2020<\/span>, following its investigation spanning over a year, the Federal Trade Commission announced a settlement with the Company over charges that it misled users regarding the level of security protecting its video conferencing services, giving users a false sense of security and exposing them to security breaches. \u00a0The settlement requires the Company to “implement a robust information security program,” prohibits “privacy and security misrepresentations,” and levies fines of up to $43,280<\/span> for each future violation.<\/p>\n

The Company has also been sued in a securities class action lawsuit for failing to disclose material information, violating federal securities laws, which is ongoing.\u00a0 <\/p>\n

KSF’s investigation is focusing on whether Zoom’s officers and\/or directors breached their fiduciary duties to Zoom’s shareholders or otherwise violated state or federal laws.\u00a0 <\/p>\n

If you have information that would assist KSF in its investigation, or have been a long-term holder of Zoom shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nasdaqgs-zm\/<\/a> to learn more.<\/p>\n

About Kahn Swick & Foti, LLC<\/p>\n

KSF, whose partners include Former Louisiana Attorney General Charles C. Foti, Jr.<\/span>, is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York<\/span>, California<\/span> and Louisiana<\/span>.<\/p>\n

To learn more about KSF, you may visit www.ksfcounsel.com<\/a>.<\/p>\n

Contact:<\/p>\n

Kahn Swick & Foti, LLC
Lewis Kahn<\/span>, Managing Partner
lewis.kahn@ksfcounsel.com<\/a>
<\/u>1-877-515-1850
206 Covington St.
Madisonville, LA<\/span> 70447<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general–kahn-swick–foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc—zm-301186812.html<\/a><\/p>\n

SOURCE Kahn Swick & Foti, LLC<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW ORLEANS, Dec. 5, 2020 \/PRNewswire\/ —\u00a0Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Zoom Video Communications, Inc. (NasdaqGS: ZM). On November 10, 2020, following its investigation spanning over a year, the Federal Trade Commission announced a settlement with the Company over charges that it misled users regarding the level of security protecting its video conferencing services, giving users a false sense of security and exposing them to security breaches. \u00a0The settlement requires the Company to “implement a robust information security program,” prohibits “privacy and security misrepresentations,” and levies fines of up to $43,280 for … <\/p>\n

Continue reading “ZOOM VIDEO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. – ZM”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-393832","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nZOOM VIDEO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. - ZM - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ZOOM VIDEO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. - ZM - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW ORLEANS, Dec. 5, 2020 \/PRNewswire\/ —\u00a0Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Zoom Video Communications, Inc. (NasdaqGS: ZM). On November 10, 2020, following its investigation spanning over a year, the Federal Trade Commission announced a settlement with the Company over charges that it misled users regarding the level of security protecting its video conferencing services, giving users a false sense of security and exposing them to security breaches. \u00a0The settlement requires the Company to “implement a robust information security program,” prohibits “privacy and security misrepresentations,” and levies fines of up to $43,280 for … Continue reading "ZOOM VIDEO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. – ZM"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-05T05:40:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/399590\/Kahn_Swick_and_Foti_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ZOOM VIDEO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. – ZM\",\"datePublished\":\"2020-12-05T05:40:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\\\/\"},\"wordCount\":370,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/399590\\\/Kahn_Swick_and_Foti_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\\\/\",\"name\":\"ZOOM VIDEO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. - 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Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Zoom Video Communications, Inc. (NasdaqGS: ZM). On November 10, 2020, following its investigation spanning over a year, the Federal Trade Commission announced a settlement with the Company over charges that it misled users regarding the level of security protecting its video conferencing services, giving users a false sense of security and exposing them to security breaches. \u00a0The settlement requires the Company to “implement a robust information security program,” prohibits “privacy and security misrepresentations,” and levies fines of up to $43,280 for … Continue reading \"ZOOM VIDEO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. – ZM\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-05T05:40:29+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/399590\/Kahn_Swick_and_Foti_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ZOOM VIDEO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. – ZM","datePublished":"2020-12-05T05:40:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\/"},"wordCount":370,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/399590\/Kahn_Swick_and_Foti_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/zoom-video-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-continues-to-investigate-the-officers-and-directors-of-zoom-video-communications-inc-zm-2\/","name":"ZOOM VIDEO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Zoom Video Communications, Inc. - 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