openPR Logo
Press release

Investigation announced for Investors in shares of Zscaler, Inc. (NASDAQ: ZS)

10-09-2019 05:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Zscaler, Inc. (NASDAQ: ZS) shares over potential securities laws violations by Zscaler, Inc.

An investigation for investors in Zscaler, Inc. (NASDAQ: ZS) shares over potential securities laws violations by Zscaler, Inc.

An investigation was announced over potential securities laws violations by Zscaler, Inc. in connection with certain financial statements.

Investors who purchased shares of Zscaler, Inc. (NASDAQ: ZS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Zscaler, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Jose, CA based Zscaler, Inc. operates as a cloud security company worldwide. Zscaler, Inc went public in March 2018. Zscaler, Inc sold 12 million shares at $16.00 per share in its initial public offering. Zscaler, Inc. reported that its Total Revenue rose from $125.71 million for the 12 months period that ended on July 31, 2017 to $190.17 million for the 12 months period that ended on July 31, 2018, and that Net Loss decreased from $35.46 million to $33.64 million over those respective time periods.

Shares of Zscaler, Inc. (NASDAQ: ZS) grew from $24.95 per share in May 2018 to as high as $89.54 per share in July 2019.

On September 11, 2019, Zscaler, Inc disclosed that its larger deals were taking longer to close. Following this announcement, several analysts cut their target prices for ZScaler stock.

Shares of Zscaler, Inc. (NASDAQ: ZS) declined to $46.03 per share on October 1, 2019.

On October 8, 2019, NASDAQ: ZS shares closed at $46.80 per share.

Those who purchased shares of Zscaler, Inc. (NASDAQ: ZS) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Investors in shares of Zscaler, Inc. (NASDAQ: ZS) here

News-ID: 1845574 • Views:

More Releases from Shareholders Foundation

ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly NASDAQ: SINA)
ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly …
An investor, who sold shares of Sina Corporation (formerly NASDAQ: SINA) in the merger between Seina Corporation and TuSimple Holdings, Inc, filed a lawsuit over alleged violations of Federal Securities Laws by Sina Corporation (formerly NASDAQ: SINA in connection with certain allegedly false and misleading statements made. If you sold a significant amount of shares of Sina Corporation (formerly NASDAQ: SINA) between October 13, 2020 and March 22, 2021, you have
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: FLR) should contact the Shareholders Foundation
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: …
An investor, who purchased shares of Fluor Corporation (NYSE: FLR), filed a lawsuit alleged violations of Federal Securities Laws by Fluor Corporation in connection with certain allegedly false and misleading statements. Investors who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 14, 2025. NYSE: FLR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp. (NYSE: SOC)
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp …
An investigation was announced for long-term investors in shares of Sable Offshore Corp. (NYSE: SOC) concerning potential breaches of fiduciary duties by certain directors of Sable Offshore Corp. Investors who are current long term investors in Sable Offshore Corp. (NYSE: SOC) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc. (NASDAQ: LNTH)
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc …
An investor, who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH), filed a lawsuit over alleged violations of Federal Securities Laws by Lantheus Holdings, Inc. in connection with certain allegedly false and misleading statements. Investors who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH) have certain options and for certain investors are short and strict deadlines running. Deadline: November 10, 2025. NASDAQ: LNTH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com

All 5 Releases


More Releases for Zscaler

Virtual Security Market Is Booming So Rapidly with McAfee, FireEye, Zscaler
According to HTF Market Intelligence, the Global Virtual Security market is expected to grow from USD 22 Billion in 2023 to USD 50 Billion by 2032, with a CAGR of 9.50% from 2024 to 2032. HTF MI recently introduced Global Virtual Security Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions
Application Gateway Service Market is Booming Worldwide: Raytheon, Zscaler, Citr …
Application Gateway Service Market - Global Outlook and Forecast 2022-2028 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Application Gateway Service Market. Some of the key players profiled in the study are Microsoft, SAP
Sandboxing Market to Witness Notable Growth by 2027 | Mcafee, Zscaler
Creating product base becomes easy with this Sandboxing market analysis report as it provides some basics of business coupled with exceptional presentation of global market condition. Stakeholders can capture meaningful picture of market to outline advantageous methods for the expanding the business. It provides right business intelligence to grab the right business opportunities. It further guides in making right investment understanding customer demands. It also predicts the entire market growth
Security Software Market Next Big Thing | Major Giants Symantec, Zscaler, Panda
A new business intelligence report released by HTF MI with title "Global Security Software Market Status and Future Forecast 2015-2025" is designed covering micro level of analysis by manufacturers and key business segments. The Global Security Software Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and
Ransom Ware Protection Market – Zscaler, Inc., Malwarebytes, Intel Corporation …
The Global Ransom Ware Protection Market accounted for USD 8.5 billion in 2016 growing at a CAGR of 16.95% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. The major areas covered in the Global Ransom Ware Protection report include market definition, market segmentation, competitive analysis
Enterprise Cybersecurity Market Is Thriving Worldwide| Webroot, Zscaler, Intel S …
A latest study released by HTF MI on Global Enterprise Cybersecurity Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Enterprise Cybersecurity market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are part