Attention Long-Term ZoomInfo Technologies, Inc. (ZI) Shareholders: Investigation Alert by Grabar Law Office

Philadelphia, Pennsylvania--(Newsfile Corp. - November 5, 2024) - Grabar Law Office is actively investigating potential breaches of fiduciary duties by certain officers and directors of ZoomInfo Technologies, Inc. (NASDAQ: ZI). If you have continuously held ZoomInfo shares since before November 10, 2020, you can demand corporate reforms, the return of misused funds to the company, and even seek a court-approved incentive award-all at no cost to you. Visit: https://grabarlaw.com/the-latest/zoominfo-shareholder-investigation/.

What's at Stake?

The investigation stems from allegations in an underlying securities fraud class action complaint. It claims that ZoomInfo, through its leadership, misrepresented key aspects of the company's performance and growth. Specifically, it is alleged that:

• ZoomInfo's financial results were temporarily inflated due to the COVID-19 pandemic, misleading investors about long-term demand.
• A significant portion of the company's customer base had sought to reduce or end their use of ZoomInfo's services.
• ZoomInfo used aggressive and coercive auto-renew policies to trap customers in contracts, damaging client relationships and overstating customer retention metrics.
• The company's tactics have caused a hidden demand cliff, impacting future contract renewals and leading to overstated financial metrics.

Your Rights as a Shareholder

If you have been a long-term shareholder, you may have a unique opportunity to hold the company accountable and push for meaningful changes. This includes corporate governance reforms and the recovery of funds that may have been misused.

What You Should Do Next

To learn more about your rights and potential benefits at no cost, visit https://grabarlaw.com/the-latest/zoominfo-shareholder-investigation/. You can also reach out directly to Joshua H. Grabar at [e-mail], Mia Heller at [e-mail], or call 267-507-6085.

Act Now to Protect Your Investment

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Contact Information:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place, 1650 Market Street, Suite 3600, Philadelphia, PA 19103
Tel: [phone]
Email: [e-mail]

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228922

The ZoomInfo Technologies Stock at the time of publication of the news with a fall of -0,95 % to 10,40USD on Tradegate stock exchange (04. November 2024, 22:26 Uhr).