Class Action Opportunity for ZoomInfo Investors Facing Losses
Investors' Opportunity with ZoomInfo Technologies, Inc.
Attention investors! A class action lawsuit has been initiated against ZoomInfo Technologies, Inc., also known simply as ZoomInfo. If you hold shares in ZoomInfo and have experienced significant financial setbacks, you might have a chance to take action. The lawsuit highlights critical allegations that could impact many investors who acquired ZoomInfo securities during a defined class period.
Understanding the Class Action Lawsuit
This legal proceeding seeks to address grievances on behalf of all individuals and entities that purchased or acquired ZoomInfo securities between specific dates. If you fall into this category, it’s essential to be informed about your rights and options. The law firm Bronstein, Gewirtz & Grossman, LLC, is actively representing affected investors, aiming to recover damages for alleged violations of federal securities laws.
Key Issues Raised in the Case
The lawsuit asserts that the company made misleading statements and failed to disclose crucial information throughout the class period. Here are some key claims:**
- The COVID-19 pandemic inflated ZoomInfo's financial results artificially, prompting a surge in demand that may not be sustainable.
- Many existing customers were reportedly reducing or discontinuing their use of ZoomInfo's services, leading to potential long-term revenue declines.
- Coercive tactics were allegedly employed by ZoomInfo to maintain customer contracts against their will, leading to strained relationships and damage to the company’s reputation.
- These practices have culminated in an exaggerated portrayal of ZoomInfo's operational health, masking a troubling trend regarding customer retention and revenue sustainability.
Next Steps for Interested Investors
A class action has already been filed, and if you've suffered losses related to your investment in ZoomInfo, there is a pathway to potentially recover your funds. Interested parties are encouraged to review the Complaint filed in this case. For that, you can check the firm's website or reach out directly to the attorneys handling the case.
Legal Representation Without Upfront Costs
One of the most significant advantages of engaging with Bronstein, Gewirtz & Grossman is that they operate on a contingency fee basis. This means that you won’t have to pay anything unless the attorneys successfully recover funds for you. They will only seek reimbursement for their expenses and a portion of the recovery if they win the case.
Why Choose Bronstein, Gewirtz & Grossman, LLC?
Bronstein, Gewirtz & Grossman is highly regarded for representing investors in securities fraud class actions. Their track record speaks volumes, having secured hundreds of millions of dollars in recoveries for investors across the nation. Their experienced legal team is dedicated to ensuring that investors' rights are upheld.
Contact Information
If you believe you qualify to be part of this class action lawsuit or require more details, you can get in touch with Peretz Bronstein or Nathan Miller at Bronstein, Gewirtz & Grossman. Their phone number is 332-239-2660, and for email communication, you can reach out at info@bgandg.com.
Frequently Asked Questions
What is a class action lawsuit?
A class action lawsuit allows a group of people with similar claims to file a case together, which can enhance efficiency and provide access to legal recourse for individual investors.
Who can join the class action against ZoomInfo?
Investors who purchased or acquired ZoomInfo securities between the specified dates during the class period may be eligible to join the lawsuit.
What are the costs involved in joining this lawsuit?
There are no upfront costs to you. The law firm operates on a contingency fee basis, meaning fees are only collected if the case is successful.
How can I find out more information about the class action?
You can visit the firm's site for detailed information, or directly contact the firm’s representatives for specific inquiries.
What happens next in the legal process?
The law firm will keep all participants informed about the progress of the lawsuit and any important developments that occur in the court proceedings.
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