ZoomInfo Technologies Inc. Investors: Important Notice for Recovery of Losses

Investors can contact the law firm at no cost to learn more about recovering their losses

LOS ANGELES, Oct. 30, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm has important information for investors of ZoomInfo Technologies Inc ("ZoomInfo" or the "Company") ZI. A class action has been filed on behalf of investors who purchased securities during the period from November 10, 2020 to August 5, 2024 (the "Class Period"). If you are one of these investors, it is crucial to act quickly as the deadline to file a lead plaintiff motion is November 4, 2024.

Investors who wish to discuss their legal rights and options can reach out to attorney Lesley F. Portnoy by phone at 310-692-8883 or via email at [email protected]. The law firm offers a complimentary case evaluation to help investors understand their possibilities for recovering losses.

The complaint accuses ZoomInfo of making false and misleading statements regarding its financial condition. It alleges that the Company inflated its reported results by capitalizing on the pandemic's impact, even as many customers were looking to reduce their usage of its services. Furthermore, it is claimed that ZoomInfo employed misleading auto-renewal practices that compelled customers to continue services against their wishes. These actions purportedly damaged relationships between the Company and its customers, leading to misleading public statements throughout the class period. When the actual circumstances were disclosed, investors faced significant financial setbacks.

For more details and to submit your transaction information, please visit the law firm's website.

The Portnoy Law Firm is dedicated to representing investors seeking to recover from corporate wrongdoing. The firm’s founding partner has a proven track record, having recovered over $5.5 billion for affected investors. Please note that attorney advertising and past results do not guarantee similar outcomes.

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