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Zoom (ZM) Privacy Investigation by SEC From 2020 Close to Settlement

Zoom Communications Inc. has offered $18 million to settle a four-year-old US Securities and Exchange Commission probe related to its privacy policies and communications.In the most recent quarter, the company recorded an $18 million expense for a “tentative settlement offer” with the financial regulator, Zoom disclosed Tuesday in a filing. A company spokesperson said the proposal still requires SEC approval....

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