Radnor, Pennsylvania--(Newsfile Corp. - August 4, 2023) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of ZoomInfo Technologies Inc. (NASDAQ: ZI) ("ZoomInfo").
On July 31, 2023, ZoomInfo released its financial results for the second quarter ended June 30, 2023 and cut its full-year guidance for revenue, free cash flow and earnings. Additionally, ZoomInfo disclosed, among other things, that the company is "continuing to see a degradation in the trend, particularly with respect to software and technology clients, but just overall renewals."
Following this news, the price of ZoomInfo stock declined nearly 26%, to close at $18.67 per share on August 1, 2023.
If you are a ZoomInfo investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or E-mail at info@ktmc.com. You can also click on the following link or paste it in your browser: https://www.ktmc.com/zoominfo-technologies-inc-investigation?utm_campaign=zi&mktm=r
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
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Published by: Newsfile Corp .