---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-191465"
form_type: "8-K"
ticker: "ZM"
cik: "0001585521"
company_name: "Zoom Communications, Inc."
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T04:57:10.651226+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Zoom agrees to $150M settlement in securities class action, subject to court approval

## Summary
- Total $150M to be paid by Zoom and/or its insurance carriers; no admission of wrongdoing.
- Company had previously accrued $60M; does not expect material impact on Q2 FY2024 P&L.
- Settlement covers class period from Apr 18, 2019 to Apr 6, 2020; requires court approval.
- Separate shareholder derivative action pending in Delaware is not included in this settlement.

## SEC filing metadata
- accession: 0001193125-23-191465
- form_type: 8-K
- ticker: ZM
- cik: 0001585521
- company_name: Zoom Communications, Inc.
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1585521/000119312523191465/0001193125-23-191465-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1585521/000119312523191465/d508827d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-191465
- JSON: https://secwatch.observer/filing/0001193125-23-191465.json
- Plain text: https://secwatch.observer/filing/0001193125-23-191465.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.