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ROSEN, TRUSTED INVESTOR COUNSEL, Encourages ZoomInfo Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ZI
GlobeNewswire News Room· 2024-10-03 22:41
Core Viewpoint - Rosen Law Firm is reminding purchasers of ZoomInfo Technologies, Inc. Class A common stock of the upcoming lead plaintiff deadline for a class action lawsuit related to alleged misleading statements and practices during the Class Period from November 10, 2020, to August 5, 2024 [1][5]. Group 1: Class Action Details - Investors who purchased ZoomInfo Class A common stock during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is November 4, 2024, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Allegations Against ZoomInfo - The lawsuit alleges that ZoomInfo made false and misleading statements, including that its financial results were temporarily inflated due to the COVID-19 pandemic, which created a false demand for its services [5]. - It is claimed that a significant portion of ZoomInfo's customer base was attempting to reduce or abandon their use of the product, and that the company employed coercive tactics to retain customers [5]. - The lawsuit asserts that these practices damaged customer relationships and overstated ZoomInfo's reported revenues and retention metrics, leading to investor damages when the truth was revealed [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked highly for securities class action settlements [4]. - The firm has recovered hundreds of millions of dollars for investors, with over $438 million secured in 2019 alone [4]. - Founding partner Laurence Rosen has been recognized as a leading figure in the plaintiffs' bar, indicating the firm's expertise in handling such cases [4].
Investors in ZoomInfo Technologies Inc. Should Contact The Gross Law Firm Before November 4, 2024 to Discuss Your Rights – ZI
GlobeNewswire News Room· 2024-10-02 17:03
NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of ZoomInfo Technologies Inc. (NASDAQ: ZI). Shareholders who purchased shares of ZI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/zoominfo-technologies-inc-loss-submission-form/?id=106372&from=3 CLASS PERI ...
ZI LAWSUIT ALERT: The Gross Law Firm Notifies ZoomInfo Technologies Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2024-09-30 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of ZoomInfo Technologies Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements during the class period from November 10, 2020, to August 5, 2024 [1]. Group 1: Allegations Against ZoomInfo - The complaint alleges that ZoomInfo's financial results were temporarily inflated due to the COVID-19 pandemic, which created a pull-forward demand for its database services [1]. - It is claimed that a significant portion of ZoomInfo's customer base was either reducing their usage of the product or abandoning it entirely [1]. - The company allegedly employed manipulative auto-renew policies and threats of litigation to retain customers against their will, damaging customer relationships and creating a hidden demand cliff for future contract renewals [1]. - As a result of these practices, ZoomInfo's reported revenues, operating income, and customer retention metrics were materially overstated [1]. Group 2: Class Action Details - Shareholders who purchased shares of ZoomInfo during the specified class period are encouraged to register for the class action, with a deadline set for November 4, 2024 [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. - There is no cost or obligation for shareholders to participate in this class action [2].
Lowey Dannenberg Notifies ZoomInfo Technologies, Inc. (“ZoomInfo” or the “Company”) (NASDAQ: ZI) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,000 in Losses to Contact the Firm
GlobeNewswire News Room· 2024-09-27 17:19
Core Viewpoint - A class action lawsuit has been filed against ZoomInfo Technologies, Inc. for alleged violations of federal securities laws, claiming that the company's financial results were misleading during the specified Class Period [1][2]. Group 1: Allegations Against ZoomInfo - The lawsuit alleges that ZoomInfo's financial and operational results were temporarily inflated due to the COVID-19 pandemic, which created a false demand for its database services [2]. - It is claimed that a significant portion of ZoomInfo's customer base was either reducing their usage of the product or abandoning it entirely [2]. - The company is accused of employing manipulative auto-renew policies and threats of litigation to retain customers against their will, damaging customer relationships and competitive advantages [2]. - The lawsuit suggests that these coercive tactics have led to a hidden demand cliff for future customer contract renewals, resulting in overstated revenues and operating income [2]. Group 2: Impact on Investors - Following the revelation of these allegations, ZoomInfo's stock price declined sharply, causing significant financial losses for investors [3]. - Investors who suffered losses exceeding $100,000 are encouraged to participate in the lawsuit, with a deadline for Lead Plaintiff applications set for November 4, 2024 [3].
ZoomInfo Technologies (ZI) Under Fire for Alleged Investor Fraud - Hagens Berman
GlobeNewswire News Room· 2024-09-27 12:59
SAN FRANCISCO, Sept. 27, 2024 (GLOBE NEWSWIRE) -- A class action lawsuit has been filed against ZoomInfo Technologies, Inc. (NASDAQ: ZI) and its senior executives, alleging that they misled investors about the company's financial health and customer base. Hagens Berman urges ZoomInfo Technologies Inc. (NASDAQ: ZI) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys. Class ...
ZI Lawsuit – Investors with Large Losses in ZoomInfo Technologies, Inc. Should Contact Robbins LLP for Information About the Securities Class Action
GlobeNewswire News Room· 2024-09-25 22:24
SAN DIEGO, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all purchasers of ZoomInfo Technologies, Inc. (NASDAQ: ZI) Class A common stock between November 10, 2020 and August 5, 2024. ZoomInfo is a software and data company that provides customer analytics and intelligence to sales and marketing teams. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP i ...
November 4, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against ZI
GlobeNewswire News Room· 2024-09-24 17:08
NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of ZoomInfo Technologies Inc. (NASDAQ: ZI). Shareholders who purchased shares of ZI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/zoominfo-technologies-inc-loss-submission-form/?id=104529&from=3 CLASS PER ...
Deadline to Lead in Securities Fraud Lawsuit Against ZoomInfo Technologies Inc. (ZI) – Contact Kaplan Fox & Kilsheimer LLP
GlobeNewswire News Room· 2024-09-24 15:00
NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. ("ZoomInfo" or the "Company") (NASDAQ: ZI) securities between November 10, 2020 and August 5, 2024 (the "Class Period"). CLICK HERE TO JOIN THE CASE If you are an investor in ZoomInfo and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003. DEADLINE REM ...
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of ZoomInfo Technologies Inc.(ZI) Shareholders
Prnewswire· 2024-09-23 09:45
NEW YORK, Sept. 23, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of ZoomInfo Technologies Inc. (NASDAQ: ZI). Shareholders who purchased shares of ZI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/zoominfo-technologies-inc-loss-submission-form/?id=104037&from=4 CLASS PERIOD: ...
ZI Investors Have Opportunity to Lead ZoomInfo Technologies Inc. Securities Fraud Lawsuit
Prnewswire· 2024-09-19 19:00
LOS ANGELES, Sept. 19, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against ZoomInfo Technologies Inc. ("ZoomInfo" or the "Company") (NASDAQ: ZI). Class Period: November 10, 2020 – August 5, 2024 Lead Plaintiff Deadline: November 4, 2024 If you are a shareholder who suffered a loss, click here to participate. The complaint filed alleges that, throughout the Class Period, Defendants fa ...