LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Zendesk, Inc. (“Zendesk” or “the Company”) (NYSE: ZEN) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Zendesk disclosed on October 2, 2019, that it had discovered a data breach that occurred in November 2016 in which unauthorized parties accessed the personal details of 10,000 users with registered accounts. The Company failed to detect and stop this intrusion, in fact, it did not discover the security breach until September 24, 2019. Based on this news, shares of Zendesk fell by about 4%.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
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