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Last $2.46 USD
Change Today -0.005 / -0.20%
Volume 4.6M
ZNGA On Other Exchanges
As of 2:09 PM 04/28/15 All times are local (Market data is delayed by at least 15 minutes).

zynga inc - cl a (ZNGA) Snapshot

Previous Close
Day High
Day Low
52 Week High
05/1/14 - $4.13
52 Week Low
10/15/14 - $2.20
Market Cap
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Current Stock Chart for ZYNGA INC - CL A (ZNGA)

zynga inc - cl a (ZNGA) Details

Zynga Inc. develops, markets, and operates online social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, Asia, and Europe. The company offers its online social games under the FarmVille, Words With Friends, Zynga Poker, Hit It Rich! Slots, CSR Racing, FarmVille 2: Country Escape, NFL Showdown, New Zynga Poker, New Words With Friends, Wizard of Oz Slots, Looney Tunes Dash!, CSR Classics, and Clumsy Ninja names. Its games are accessible on Facebook and other social networks, mobile platforms, and The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.

1,974 Employees
Last Reported Date: 02/24/15
Founded in 2007

zynga inc - cl a (ZNGA) Top Compensated Officers

Founder, Chairman of The Board, Chief Executi...
Total Annual Compensation: $75.0K
Chief Operating Officer
Total Annual Compensation: $1.1M
Vice President, General Counsel and Secretary
Total Annual Compensation: $342.8K
Compensation as of Fiscal Year 2013.

zynga inc - cl a (ZNGA) Key Developments

Zynga Appoints Louis J. Lavigne, Jr. to Board of Directors

Zynga Inc. announced that Louis J. Lavigne, Jr., former Genentech Inc. Chief Financial Officer, has joined the company's Board of Directors. Lavigne, 66, is currently the Managing Director of Lavrite, LLC. Lavigne currently serves on the Board of Directors for several companies and institutions including Accuray, Inc., where he is Chairman of the Board and Compensation Committee. Lavigne also serves as the Chairman of the Audit Committee for Depomed, Inc. and DocuSign, Inc. He is also a member of the Compensation and Mergers and Acquisition Committees, for NovoCure, a private commercial stage oncology company. He is also a member of the Pacific SW Network of Audit Committee Chairs and the faculty of GLG Institute. Additionally, Lavigne is a Board Member and Chairman of the UCSF Benioff Children's Hospital Oakland, the UCSF Benioff Children's Hospitals, and the UCSF Children's Hospitals Foundation and a member of the Audit Committee.

Zynga Inc. Announces Management Changes

Zynga Inc. announced that current Chief Executive Officer Don Mattrick will depart the company and the Board of Directors effective April 8, 2015. Mark Pincus, Zynga's founder and chairman, will return to the role of Chief Executive Officer.

Newman Ferrara Announces Motion to Dismiss Denied in Securities Fraud Case Brought by Zynga Investors

Newman Ferrara LLP announced that on March 25, 2015, the Honorable Jeffrey S. White of the United States District Court for the Northern District of California denied a motion to dismiss filed by defendants Zynga, Inc. and other top executives seeking to dismiss claims brought under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 in the action In re Zynga Inc. Securities Litigation, No. C 12-04007-JSW. Newman Ferrara is Co-Lead Counsel in the matter with the firm Berman DeValario. The Amended Complaint sustained by Judge White alleges that Zynga, together with certain top executives, including Co-Founder and former Chief Executive Officer Mark Pincus, Chief Financial Officer David M. Wehner, and former Chief Operating Officer John Schappert, artificially inflated Zynga’s stock price and misled investors by: (a) making false and repeated assurances that Zynga’s bookings were robust when, in fact, they were declining and Zynga was having trouble monetizing users; (b) making false and repeated assurances that Zynga’s new game pipeline growth was robust when, in fact, it was suffering significant delays; and (c) failing to inform investors that a material change in Facebook’s online gaming platform would negatively impact revenue and bookings in 2012. In addition, the Amended Complaint alleges that Zynga insiders, including the defendants, obtained an early release of their lock-up agreement in order to dump nearly 50 million shares of personally-held Zynga stock in a Secondary Offering (garnering over half-a-billion dollars), just three months before reporting disastrous financial results in 2012 that sent Zynga stock plummeting to less than $3 a share. Based on those allegations, Judge White found that the Amended Complaint supported claims of falsity and materiality and that plaintiffs ‘sufficiently alleged particularized facts to support a strong inference of scienter under Section 10(b).


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