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Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Zendesk, Inc. (NYSE: ZEN) from February 6, 2019 through October 1, 2019 (the “Class Period”). The lawsuit seeks to recover damages for Zendesk, Inc. investors under the federal securities laws.
If you bought Zendesk, Inc. securities between February 6, 2019 through October 1, 2019, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Zendesk, Inc. – ZEN
New York, N.Y., October 27, 2019. Zhang Investor Law a class action lawsuit on behalf of shareholders who bought shares of Zendesk, Inc. (NYSE: ZEN) between February 6, 2019 and October 1, 2019, inclusive (the “Class Period”).
To join the ZEN class action, go to http://zhanginvestorlaw.com/cases/zendesk-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email email@example.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU NEED NOT BE A LEAD PLAINTIFF TO OBTAIN A RECOVERY.
According to the lawsuit, throughout the Class Period: (1) Zendesk’s clients had been subject to data breaches dating back to 2016; (2) Zendesk was experiencing slowing demand for its SaaS offerings, particularly in Germany, the U.K. and Australia, due in large part to political uncertainty and China trade issues there; (3) or the forgoing reasons, Zendesk’s business metrics and financial prospects were not as strong as represented during the Class Period; and (4) as a result, Zendesk’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 23, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/zendesk-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at firstname.lastname@example.org.
Zhang Investor Law represents investors worldwide.