Zoom sued by shareholder over security issues

From CNET: Zoom has been slapped with a lawsuit that accuses the video chat app of hiding security and privacy flaws. In a lawsuit filed Tuesday in federal court, shareholder Michael Drieu accused Zoom of having "inadequate data privacy and security measures" and falsely asserting that the service was end-to-end encrypted.

As a result, Zoom users have faced an increased risk of having personal information accessed by "unauthorized parties," according to the court filing. Drieu also claimed that media reports and public admissions by the company on security problems have caused Zoom's stock price to plummet.

The company's shares closed down about 7.5% at $113.75 on Tuesday after hitting a record high in late March.

Neither Zoom nor an attorney for Drieu responded immediately to requests for comment.

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