Judge Declines To Reconsider Lead Plaintiff Appointment In Zoom Stock-Drop Suit

Mealey's (April 15, 2021, 1:53 PM EDT) -- SAN FRANCISCO — A federal judge in California on April 12 denied an investor group’s request to reconsider his ruling appointing an individual investor as lead plaintiff in a securities class action lawsuit against video communications platform application provider Zoom Communications Inc. and two of its senior executives, ruling that the investor group failed to provide any evidence that would support a finding that revisiting the order is necessary....