Zendesk, Inc. Securities Litigation

If you purchased a significant amount of shares of Zendesk, Inc. (NYSE: ZEN), you have certain options. Investors should register for updates.


Lawsuit Overview

Defendant:Zendesk, Inc.
Date Filed:October 24th, 2019
Industry:EDP Services
Class Start Date:February 6th, 2019
Class End Date:October 1st, 2019

According to the Complaint, Zendesk, Inc. is a San Francisco, California-based software development company that provides SaaS products for organizations.

The Complaint alleges that throughout the Class Period, Defendants disseminated materially false and misleading statements to the investing public and failed to disclose adverse facts pertaining to the Company's business, operations, and financial results. Specifically, the Complaint alleges the Company concealed material information and/or failed to disclose that: (a) Zendesk's clients had been subject to data breaches dating back to 2016; (b) Zendesk was experiencing slowing demand for its SaaS offerings, particularly in Germany, the United Kingdom, and Australia, due in large part to political uncertainty and China trade issues there; and (c) 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.

Sign up for free to create a personalized portfolio with tracking and e-mail alerts for Zendesk, Inc.

First Identified Complaint

Charles Reidinger, et al. v. Zendesk, Inc., et al.

Date Filed:October 24th, 2019
Class Period Start:February 6th, 2019
Class Period End:October 1st, 2019
First Identified Complaint Filings
#Document TitleFiling Date