#USA #Los Angeles #Securities Fraud #ZoomInfo Technologies #SBS Law

Investors Encouraged to Join the Class Action Against ZoomInfo Technologies Inc.

In recent news, Schall, Brown & Schwartz LLP (SBS), a prominent national shareholder rights litigation firm, has issued a reminder to investors regarding a class action lawsuit against ZoomInfo Technologies Inc. (NASDAQ: GTM). This lawsuit centers on accusations of securities fraud, specifically violations of the Securities Exchange Act of 1934, including sections 10(b) and 20(a), alongside Rule 10b-5, which was established by the U.S. Securities and Exchange Commission (SEC).

Key Case Details

Background

The class action lawsuit is being pursued due to allegations that ZoomInfo made misleading statements to its investors. The firm has indicated that during the designated class period—ranging from November 3, 2025, to May 11, 2026—ZoomInfo allegedly provided an overly optimistic portrayal of its financial health and product growth. According to the lawsuit, the company led its investors to believe that there was robust growth in both its legacy products as well as new AI-driven innovations. However, this narrative starkly contrasts with the reality of declining demand.

Implications for Investors

Shareholders who purchased shares during the stipulated class period and later suffered financial losses are encouraged to contact SBS regarding potential lead plaintiff appointments. It's critical to note that becoming a lead plaintiff is not a prerequisite for participating in any possible recovery that may arise from this lawsuit. The deadline for interested investors to join the case is August 24, 2026, a crucial date for anyone looking to reclaim their losses.

Contact Information

Investors who believe they have been misled by ZoomInfo’s public statements are urged to reach out to either Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP for a free consultation. Their office is located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, and they can be reached at 310-301-3335. More information is also available through their website at www.schallfirm.com or via email at [email protected].

Why Choose SBS?

Schall, Brown & Schwartz LLP specializes in representing investors in securities class action lawsuits and shareholder rights litigation. The firm boasts a team of seasoned professionals, including founding partners Brian Schall, Andrew Brown, and David Schwartz. They are committed to advocating vigorously on behalf of investors, leveraging their diverse skill sets and extensive experience to navigate the complexities of securities fraud lawsuits.

Conclusion

This case emphasizes the importance of transparency and accountability within publicly traded companies. For investors impacted by ZoomInfo's alleged misrepresentations, this class action lawsuit presents an opportunity to pursue justice and recover financial damages incurred during the noted timeframe. Investors are strongly advised to act promptly and seek representation to ensure their rights are protected in this significant legal endeavor.