NEW YORK, NY / ACCESSWIRE / May 19, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.
Zoom Video Communications, Inc. (NASDAQ:ZM)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/zoom-video-communications-inc-loss-submission-form?prid=6671&wire=1
Lead Plaintiff Deadline: June 8, 2020
Class Period: April 18, 2019 - April 6, 2020
Allegations against ZM include 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.
Fifth Third Bancorp (NASDAQ:FITB)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/fifth-third-bancorp-loss-submission-form?prid=6671&wire=1
Lead Plaintiff Deadline: June 8, 2020
Class Period: February 26, 2016 - March 6, 2020
Allegations against FITB include that: (i) as a result of Fifth Third Bank's aggressive incentive policies to promote its cross-sell strategy, Fifth Third Bank employees engaged in unauthorized conduct with customer accounts; (ii) since at least 2008, Fifth Third Bank, and by extension, Fifth Third, was aware of such unauthorized conduct and, thus, that it was violating relevant regulations and laws aimed at protecting its consumers; (iii) Fifth Third failed to properly implement and monitor its cross-sell program, detect and stop misconduct, and identify and remediate harmed consumers; (iv) all the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny or investigation; (v) Fifth Third's revenues were in part the product of unlawful conduct and thus unsustainable; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
iQIYI, Inc. (NASDAQ:IQ)
If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/iqiyi-inc-loss-submission-form?prid=6671&wire=1
Lead Plaintiff Deadline: June 15, 2020
Class Period: March 29, 2018 - April 7, 2020
Allegations against IQ include that: (1) iQIYI inflated its revenue figures; (2) iQIYI inflated its user numbers; (3) iQIYI inflated its expenses to cover up other fraud; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times.
To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
SOURCE: The Law Offices of Vincent Wong
View source version on accesswire.com:
https://www.accesswire.com/590437/SHAREHOLDER-ALERT-ZM-FITB-IQ-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines
