Mealey's (November 9, 2020, 11:10 AM EST) -- SAN FRANCISCO — A federal judge in California on Nov. 4 appointed an individual shareholder 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 timing of a competing shareholder’s sale of its Zoom stock capped his potential damages recovery under the Private Securities Litigation Reform Act’s (PSLRA) statutory damages cap (In re Zoom Securities Litigation, No. 20-2353, N.D. Calif., 2020 U.S. Dist. LEXIS 207490)....