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Stock impact report

Lowey Dannenberg Notifies ZoomInfo Technologies, Inc. (“ZoomInfo” or the “Company”) (NASDAQ: ZI) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,0...

ZoomInfo Technologies Inc. (ZI) 
Company Research Source: GlobeNewswire
NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against ZoomInfo Technologies, Inc. (“ZoomInfo” or the “Company”) (NASDAQ: ZI) for violations of the federal securities laws on behalf of investors who purchased or acquired ZoomInfo common stock between November 10, 2020, and August 5, 2024, inclusive (the “Class Period”). On September 4, 2024, a complaint was filed against the Company and certain of its officers and directors, as well as other named entities, alleging that throughout the Class Period Defendants made false and/or misleading statements and/or failed to disclose that: (a) that ZoomInfo’s financial and operational results during the Class Period had been temporarily inflated by the ephemeral effects of the COVID-19 pandemic, which had pulled-forward demand for the Company’s database of digital contact information; (b) that material p Show less Read more
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