Zoom sued by shareholder over security issues

The video chat app has said it's working to address security and privacy issues.

Zoom has been slapped with a lawsuit that accuses the video chat app of hiding security and privacy flaws. In a lawsuit filed Tuesday in federal court, shareholder Michael Drieu accused Zoom of having "inadequate data privacy and security measures" and falsely asserting that the service was end-to-end encrypted. 

The company's shares closed down about 7.5% at $113.75 on Tuesday after hitting a record high in late March.

Neither Zoom nor an attorney for Drieu responded immediately to requests for comment.

The video chat app's security issues have come into focus in recent weeks as more people turn to Zoom to work and socialize from home during thecoronavirus pandemic. One of the biggest problems has been "Zoombombing," when uninvited guests break into and disrupt meetings.