The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of ALGN, TUFN and ZM
NEW YORK, NY / ACCESSWIRE / April 30, 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.
Align Technology, Inc. (NASDAQ:ALGN)
Class Period: April 24, 2019 to July 24, 2019
Lead Plaintiff Deadline: May 1, 2020
The complaint alleges that during the class period Align Technology, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) Align was then experiencing a significant decline in demand for its products in the important Chinese market; (b) Chinese consumer sentiment towards the Company was deteriorating; and (c) as a result of the foregoing, Defendants' positive statements about Align and its businesses were lacking in a reasonable basis.
Learn about your recoverable losses in ALGN: http://www.kleinstocklaw.com/pslra-1/align-technology-inc-loss-submission-form-2?id=6268&from=1
Tufin Software Technologies Ltd. (NYSE:TUFN)
Class Period: securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Tufin's April 2019 initial public offering
Lead Plaintiff Deadline: June 5, 2020
Throughout the class period, Tufin Software Technologies Ltd. allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Tufin's customer relationships and growth metrics were overstated, particularly with respect to North America; (2) Tufin's business was deteriorating, primarily in North America; (3) as a result, Tufin's representations regarding its sustainable financial prospects were overly optimistic; and (4) as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein.
Learn about your recoverable losses in TUFN: http://www.kleinstocklaw.com/pslra-1/tufin-software-technologies-ltd-loss-submission-form?id=6268&from=1
Zoom Video Communications, Inc. (NASDAQ:ZM)
Class Period: April 18, 2019 to 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=6268&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
ReleaseID: 587762