New York, October 22 (Reuters) / PRNewswire / -- Pomerantz LLP represents investors of Zscaler, Inc ("Zscaler" or "the Company") (Nasdaq: ZS) regarding related claims. Investors are advised to contact Danielle Peyton at the email address [email protected] and telephone number 646-581-9980, ext. 7980.
This investigation involves whether Zscaler and some of its senior executives and/or directors are engaged in securities fraud or other illegal business practices.
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On May 26, 2026, Zscaler announced its financial results for the third quarter of the 2026 fiscal year. Although Zscaler's revenue and earnings per share exceeded expectations, the company's revenue guidance for the current quarter is $875 million to $878 million, which is lower than the market consensus of $879 million.
Affected by this news, the stock price of Zscaler closed at $126.41 per share on May 27, 2026, a decrease of $58.19 from the previous trading day, representing a decline of 31.52%.
Subsequently, on September 24, 2026, Zscaler announced that Mike Rich would no longer serve as the company's Chief Revenue Officer.
Affected by this news, the stock price of Zscaler closed at $193.05 per share on September 25, 2026, a decrease of $21.59 from the previous trading day, representing a decline of 10.06%.
Pomerantz LLP has offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, and is recognized as one of the leading law firms in the fields of corporate law, securities law, and class action litigation. The firm was founded by the late Abraham L Pomerantz, who is known as the "dean" of the class action litigation community and pioneered the field of securities class actions. More than 85 years have passed since then, and Pomerantz continues to uphold the traditions established by its founder, dedicated to protecting the rights of victims of securities fraud, breach of fiduciary duty, and corporate misconduct. The firm has represented class members in recovering millions of dollars in compensation. For more information, please refer to www.pomlaw.com.
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Contact Information:
Danielle Peyton
Pomerantz LLP
[ email protected ]
646-581-9980 ext . 7980
