Zoom Hit With Lawsuit Over Privacy and Security Issues The suit was filed by investor Michael Drieu <br />in the U.S. District Court for the <br />Northern District of California. The lawsuit alleges that Zoom failed <br />to disclose issues with its privacy and security. Drieu claimed that concerns over Zoom’s security <br />and privacy have affected its stock price. Zoom shares have fallen recently, but they are <br />still up 67% since the beginning of the year. Zoom stock was up more than 4% on Wednesday <br />morning, despite news of the class-action lawsuit. As employees continue to work from home <br />amid nationwide lockdowns, the video conferencing platform, along <br />with Slack and Microsoft’s Teams app, <br />have reported customer growth.
