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Zscaler faces class action over alleged misleading Q4 outlook and executive departures.

Market News
09 Jun 2026
PRNewsWire
View Source
Bearish
pluang ai news

Zscaler shareholders are invited to join a class action lawsuit alleging the company made false or misleading statements about its Q4 financial outlook and failed to disclose key executive departures. The complaint claims that despite strong Q3 revenue growth, Zscaler's lower-than-expected Q4 guidance and reduced cash-flow margin projections led to a sharp stock decline, unlike its cybersecurity peers. Shareholders who bought Zscaler shares between May 27, 2021, and May 27, 2026, can register to participate with no cost or obligation. The deadline for lead plaintiff appointment is January 1, 2999, and participants will receive updates through portfolio monitoring software.

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