Zoom Video Communications has agreed to a preliminary class-action settlement with terms that would require the video-conferencing platform to establish an $85 million fund and improve its data privacy and security practices, according to court documents.

Zoom, which exploded in popularity as stay-at-home orders took hold amid the COVID-19 pandemic, was the subject of more than a dozen class-action complaints alleging violations of security and privacy. In May 2020, the U.S. District Court for the Northern District of California consolidated these complaints into a single class-action lawsuit.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...