Drieu v. Zoom Video Communications, Inc. et al

Filing 1

CLASS ACTION COMPLAINT for Violations of the Federal Securities Laws; Demand for Jury Trial against Kelly Steckelberg, Eric S. Yuan & Zoom Video Communications, Inc., (Filing Fee: $400.00, receipt number 0971-14351781). Filed by Michael Drieu. (Attachments: #(1) Certification, #(2) Schedule A, #(3) Civil Cover Sheet)(Pafiti, Jennifer) (Filed on 4/7/2020) Modified on 4/8/2020 (tnS, COURT STAFF).

JS-CAND 44 (Rev. 07/ 19)

CIVIL COVER SHEET

The JS-CAND 44 civil cover sheet and the information contained herein neither replace nor supplement the filing and service of pleadings or other papers as required by law
except as provided by local rules of court. This form, approved in its original form by the Judicial Conference of the United States in September 1974, is required for the Cle;k of
Court to initiate the civil docket sheet. (SEE INSTRUCTIONS ON NEXT PAGE OF THIS FORM)

I.

(a) PLAINTIFFS
MICHAEL DRIEU, Individually and On Behalf of All Others Similarly
Situated,

(b) County of Residence of First Listed Plaintiff

DEFENDANTS
ZOOM VIDEO COMMUNICATIONS, INC., ERIC S. YUAN, and
KELLY STECKELBERG,
County of Residence of First Listed Defendant

MOlltgomery County , TX

(IN

(EXCEPT IN Us. PLAINTIFF CASES)

NOTE:

(c)

5ama Clara County, CA

us. PLAINTIFF CASES ONLY)

IN LAND CONDEMNAT[ON CASES, USE THE LOCAT[ON OF
THE TRACT OF LAND [NVOLVED.

Attorneys (If Known)

Attorneys (Firm Name , Address, and Telephone Number)

POMERANTZ LLP, Jennifer Pafiti, 1100 Glendon Avenue,
15th Floor, Los Angeles, CA 90024, Phone: [phone]
II.

BASIS OF JURISDICTION

(Place an "X" in One Box Only)

III. CITIZENSHIP OF PRINCIPAL PARTIES (Place an "X" in One Boxfor Plaintif!
and One Boxfor Defendant)

(For Diversity Cases Only)

U.S . Government P[aintitf

Federa[ Question
(US. Government Not a Party)
4

U.S. Government Defendant

2

NATURE OF SUIT

IV.

Citizen of Another State

2

190 Other Contract
195 Contract Product Liability
196 Franchise

REAL PROPERTY
Land Condemnation
Foreclosure
Rent Lease & Ejectment
Torts to Land
Tort Product Liability

290 All Other Real Property

PTF
Incorporated or Principal Place
of Business [n This State
Incorporated and Principal Place
of Business [n Another State
Foreign Nation

2

Citizen or Subject of a
Foreign Country

DEF

4

4

(Place an "X" in One Box Only)

PERSONAL INJURY

140 Negotiable Instrument
150 Recovery of
Overpayment Of
Veteran's Benefits
151 Medicare Act
152 Recovery of Defaulted
Student Loans (Excludes
Veterans)
153 Recovery of
Overpayment
of Veteran 's Benefits
160 Stockholders' Suits

210
220
230
240
245

[1

TORTS

110 Insurance
120 Marine
130 Miller Act

DEF

Citizen of This State

Diversity
(Indicate Citizenship of Parties in Item Ill)

CONTRACT
I

PTF

310
315
320
330

Airplane
Airplane Product Liability
Assault, Libel & Slander
Federal Employers '
Liability
340 Marine
345 Marine Product Liability
350 Motor Vehicle
355 Motor Vehicle Product
Liability
360 Other Personal Injury
362 Personal Injury -Medica[
Malpractice

CIVIL RIGHTS
440
441
442
443

Other Civil Rights
Voting
Employment
Housing!
Accommodations
445 Amer. wlDisabihtiesEmployment
446 Amer. wlDisabihties-Other
448 Education

FORFEITUREIPENALTY
PERSONAL INJURY

365 Personal Injury - Product
Liability
367 Health Carel
Pharmaceutical Personal
Injury Product Liability
368 Asbestos Personal Injury
Product Liability

PERSONAL PROPERTY
370 Other Fraud
371 Truth in Lending
380 Other Personal Property
Damage
385 Property Damage Product
Liability

PRISONER PETITIONS
HABEAS CORPUS
463 Alien Detainee
510 Motions to Vacate
Sentence
530 General
535 Death Penalty

BANKRUPTCY

625 Drug Related Seizure of
Property 21 USC § 881
690 Other

375 Fa[se Claims Act
376 Qui Tam (31 USC
§ 3729(a))
400 State Reapportionment
PROPERTY RIGHTS
410 Antitrust
820 Copyrights
430 Banks and Banking
830 Patent
450 Commerce
835 Patent-Abbreviated New
460 Deportation
Drug Application
470 Racketeer Influenced &
840 Trademark
Corrupt Organizations
SOCIAL SECURITY
480 Consumer Credit
861 H[A (1395ft)
485 Telephone Consumer
862 Black Lung (923)
Protection Act
863 DIWCID[WW (405(g»
490 Cable/Sat TV
864 SSID Title XVI
X 850 Securities/Commodities/
Exchange
865 RSI (405(g»
890 Other Statutory Actions
FEDERAL TAX SUITS
891 Agricultural Acts
870 Taxes (U.S. Plaintiff or
893 EnvirolUnental Matters
Defendant)
895 Freedom of Information
871 IRS-Third Party 26 USC
Act
§ 7609
896 Arbitration

LABOR
710 Fair Labor Standards Act
720 Labor/Management
Relations
740 Railway Labor Act
751 Family and Medical
Leave Act
790 Other Labor Litigation
791 Employee Retirement
Income Security Act

IMMIGRATION
462 Naturalization
Application
465 Other Immigration
Actions

899 Administrative Procedure
Act/Review or Appeal of
Agency Decision
950 Constitutionality of State
Statutes

OTHER
540 Mandamus & Other
550 Civil Rights
555 Prison Condition

OTHER STATUTES

422 Appeal 28 USC § 158
423 Withdrawal 28 USC
§ 157

I·

560 Civil DetaineeConditions of
Confinement

V.
X I

0 RI G IN
Original
Proceeding

VI.

(Place an "X" in One Box Only)
2
Removed from
State Court

CAUSE OF
ACTION

Remanded from
Appellate Court

4

Reinstated or
Reopened

Transferred from
Another District (specify)

Multidistrict
Litigation-Transfer

Multidistrict
Litigation-Direct File

Cite the U.S. Civil Statute under which you are filing (Do not cite iurisdictional statutes unless diversity) :
(15 U.S.C. §§ 78j(b) and 78t(a»; (17 C.F.R. § 240.lOb-5) ; the Private Securities litigation Reform Act (PSLRA)

Brief descriotion of cause:

Violations of the federal securities laws.

VII.

REQUESTED IN (
COMPLAINT:

CHECK IF THIS IS A CLASS ACTION
UNDER RULE 23, Fed. R. Civ. P.

VIII. RELATED CASE(S),
IF ANY (See instructions) :
IX.

DEMAND $

JUDGE

CHECK YES only if demanded in complaint:
JURY DEMAND:
X Yes
No

DOCKET NUMBER

DIVISIONAL ASSIGNMENT (Civil Local Rule 3-2)

(Place an "X" in One Box Only)

DATE

04/07/2020

SAN FRANCISCO/OAKLAND

x SAN JOSE

SIGNATURE OF ATTORNEY OF RECORD

lsi Jennifer Pafiti

EUREKA-MCKINLEYVILLE