Levi & Korsinsky, LLP announces that a ZEN class action lawsuit has been commenced on behalf of investors who purchased Zendesk, Inc. (ZEN) securities between February 6, 2019 and October 1, 2019. For more on the Zendesk Class Action please contact us today.
According to the Zendesk lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Zendesk’s clients had been subject to data breaches dating back to 2016; (2) Zendesk was experiencing slowing demand for its Software as a Service offerings, particularly in Germany, the United Kingdom, and Australia, due in large part to political uncertainty and China trade issues there; and (3) as a result of the foregoing, Zendesk’s business metrics and financial prospects were not as strong as defendants had led the market to believe during the Class Period.
TO LEARN MORE ABOUT THE ZEN CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/zendesk-inc-loss-form?prid=4320&wire=9.
If you suffered a loss in Zendesk you have until December 23, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171