However, due in large part to the Company's obfuscation, it was not until the COVID-19 pandemic in March and April of 2020, with businesses and other organizations increasingly relying on Zoom's video communication software to facilitate remote work activity as governments increasingly implemented shelter-in-place orders, that the truth was more fully laid bare in a series of corrective disclosures. The truth about the deficiencies in Zoom's software encryption began to come to light as early as July 2019. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Zoom had inadequate data privacy and security measures (ii) contrary to Zoom's assertions, the Company's video communications service was not end-to-end encrypted (iii) as a result of all the foregoing, users of Zoom's communications services were at an increased risk of having their personal information accessed by unauthorized parties, including Facebook (iv) usage of the Company's video communications services was foreseeably likely to decline when the foregoing facts came to light and (v) as a result, the Company's public statements were materially false and misleading at all relevant times. Throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies.