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Investor Warning: Pomerantz Law Firm Investigating Claims from Investors Related to Zscaler
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1h ago
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Pomerantz LLP represents Zscaler, Inc. ( NASDAQ : ZS ) The investor investigation focuses on whether the company and some of its executives and/or directors are involved in securities fraud or other illegal business practices. The announcement mentioned that after Zscaler released its third-quarter financial results in May 2026, the stock price fell by 31.52% the following day due to revenue forecasts that were lower than market expectations; subsequently, in September 2026, after it was disclosed that Chief Revenue Officer Mike Rich resigned, the stock price fell another 10.06%.
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New York, October 15, 2026 / PRNewswire / -- Pomerantz LLP represents Zscaler, Inc. (Hereinafter referred to as " Zscaler " or "the Company") ( NASDAQ : ZS ). The law firm advises relevant investors to contact Danielle Peyton, with the email address [ email protected ] and the phone number 646-581-9980, extension 7980.

This investigation focuses on whether Zscaler and some of its senior executives and/or directors are involved in securities fraud or other illegal business practices.

On May 26, 2026, Zscaler announced its financial results for the third quarter of the 2026 fiscal year. Although Zscaler's revenue and profits exceeded expectations, the company's guidance for revenue for that quarter was $875 million to $878 million, which is lower than the market consensus of $879 million.

Affected by this news, the stock price of Zscaler fell by $58.19 on May 27, 2026, a decrease of 31.52%, closing at $126.41 per share.

Subsequently, on September 24, 2026, Zscaler announced that Mike Rich would step down from the position of Chief Revenue Officer of the company.

Affected by this news, the stock price of Zscaler fell by $21.59 on September 25, 2026, a decrease of 10.06%, closing at $193.05 per share.

Pomerantz LLP has offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, and is considered one of the leading law firms in the fields of corporate, securities, and antitrust class actions. The firm was founded by the late Abraham L Pomerantz, who is regarded as a pioneer in the field of class action litigation. Pomerantz states that it has been groundbreaking in the area of securities class actions. More than 85 years later, the firm asserts that it continues to uphold the traditions established by its founder, fighting for the rights of victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The firm claims to have obtained compensation awards in the millions of dollars on behalf of class members. For more details, see www.pomlaw.com.

Lawyer advertisement. Past results do not guarantee similar outcomes.

Contact Information:

Danielle Peyton
Pomerantz LLP
[ email protected ]
646-581-9980, extension 7980

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