As I have noted in numerous posts on this site (most recently here), the plaintiffs’ track record in data breach-related securities class action lawsuits is mixed at best. To be sure, there have been cases in which plaintiffs’ have prevailed, but overall the plaintiffs’ track record in data breach-related securities suits has been poor. In the latest setback for plaintiffs in these kinds of cases, the Ninth Circuit has affirmed the trial court’s dismissal of the data breach-related securities suit filed against Zendesk. A copy of the Ninth Circuit’s March 2, 2022 Opinion in the Zendesk case can be found here.
Continue Reading Ninth Circuit Affirms Zendesk Data Breach Securities Suit Dismissal