Join the Fight: Class Action Suit for ZoomInfo Investors
Join the Fight: Class Action Suit for ZoomInfo Investors
Levi & Korsinsky, LLP warmly invites you to consider your rights as an investor in ZoomInfo Technologies Inc. The firm is currently mobilizing investors who have faced disadvantages due to alleged securities fraud concerning the company. If you're among those individuals, you’re encouraged to act promptly—especially since the deadline is fast approaching.
Understanding the Class Action Lawsuit
This collective legal action seeks to recover losses on behalf of shareholders who faced financial implications due to alleged deceptive practices within ZoomInfo Technologies Inc. Specifically, this pertains to the time frame spanning from November 10, 2020, until August 5, 2024.
What Does the Lawsuit Entail?
The class action accuses the company of making misleading statements and hiding crucial information from investors and the public. Some concerning claims include the idea that the financial results of ZoomInfo may have been artificially inflated due to temporary trends in demand during the COVID-19 pandemic. Additionally, it indicates that not only were certain customers looking to reduce their use of ZoomInfo’s services, but there was also an alleged culture of coercive renewal practices that pressured clients to continue contracts against their will.
Investor Rights
If you're an investor who suffered any losses during this specified period, it's critical to take action before the deadline. All interested parties have until November 4, 2024, to request the Court appoint them as lead plaintiffs in this case. However, being a lead plaintiff is not a condition for claiming your share of any potential compensation that emerges from this lawsuit.
Why Choose Levi & Korsinsky?
The law firm Levi & Korsinsky has built a solid reputation over the past two decades by securing hundreds of millions for shareholders through their expertise in complex securities litigation. With a dedicated team over seventy strong, the firm is adept in navigating high-stakes cases and has consistently earned accolades, ranking among the top in the ISS Securities Class Action Services for their impressive track record.
Contact Details for Interested Investors
If you’d like to discuss your situation or need more information about the lawsuit, please reach out to Joseph E. Levi, Esq. You can contact him through email or by phone. The details are below:
Email: jlevi@levikorsinsky.com
Telephone: (212) 363-7500
Conclusion: Your Opportunity to Be Heard
This is a pivotal moment for investors in ZoomInfo Technologies Inc. By proactively engaging with Levi & Korsinsky, you could potentially recover when others have based on the results of this class action lawsuit. Don’t hesitate to reach out today!
Frequently Asked Questions
What is the deadline to join the class action suit?
The deadline for investors to join the class action suit is November 4, 2024.
Who can join the lawsuit?
Any investor who suffered financial loss during the class period can join the lawsuit against ZoomInfo Technologies Inc.
What are the main allegations in the lawsuit?
The lawsuit alleges securities fraud including misleading statements about the company's financial performance during COVID-19.
Is there a cost to participate in the class action?
No, participating in the class action suit does not incur any out-of-pocket costs for investors.
How can I contact the law firm?
You can contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com or by phone at (212) 363-7500.
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