ROSEN, TRUSTED INVESTOR COUNSEL, Encourages ZoomInfo Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ZI

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].