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Zoom Investors Get Privacy-Based Securities Cases Consolidated

May 19, 2020, 8:23 PM

Zoom Video Communications Inc. investors who accused the company of hiding flaws with its software encryption had their would-be class cases consolidated in California federal district court.

The investors’ suits against the video chat platform, which has seen increased use during the coronavirus pandemic, “involve common questions of law and fact,” Judge James Donato of the U.S. District Court for the Northern District of California said Tuesday.

Both suits—one filed April 7 and the other filed a day later—allege “substantially similar” securities fraud violations, Donato’s order said. The investors sued after some companies and government agencies banned the app’s use ...