{"id":382545,"date":"2020-11-17T04:03:10","date_gmt":"2020-11-17T09:03:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=382545"},"modified":"2020-11-17T04:03:10","modified_gmt":"2020-11-17T09:03:10","slug":"shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc-zi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc-zi\/","title":{"rendered":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZoomInfo Technologies Inc. &#8211; ZI"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Nov. 17, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Pomerantz LLP is investigating claims on behalf of investors of\u00a0ZoomInfo Technologies, Inc. (&#8220;ZoomInfo&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: ZI).\u00a0Such investors are advised to contact <span class=\"xn-person\">Robert S. Willoughby<\/span> at \u00a0<a target=\"_blank\" href=\"mailto:newaction@pomlaw.com\" rel=\"nofollow noopener noreferrer\">newaction@pomlaw.com<\/a> or 888-476-6529, ext. 7980.<\/p>\n<p>The investigation concerns whether ZoomInfo and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 <\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2984231-1&amp;h=932894368&amp;u=https%3A%2F%2Fpomlaw.com%2Flearn-more-form%3Fcompany%3DZI&amp;a=%5BClick+here+for+information+about+joining+the+class+action%5D\" rel=\"nofollow noopener noreferrer\">[Click here for information about joining the class action]<\/a>\n      <\/p>\n<p>On <span class=\"xn-chron\">November 9, 2020<\/span>, ZoomInfo announced that on <span class=\"xn-chron\">November 5, 2020<\/span>, the audit committee of the Company&#8217;s board of directors concluded that ZoomInfo&#8217;s Q2 2020 financial statements filed with the U.S. Securities and Exchange Commission should not be relied on.\u00a0ZoomInfo further disclosed that it would restate those results because it improperly recorded a <span class=\"xn-money\">$21.6 million<\/span> tax benefit related to the GAAP basis and tax basis of partnerships owned by corporations within ZoomInfo&#8217;s corporate structure. As a result of this improper accounting, ZoomInfo understated its Q2 2020 net loss by over 38%.\u00a0 <\/p>\n<p>The Pomerantz Firm, with offices in <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">Chicago<\/span>, <span class=\"xn-location\">Los Angeles<\/span>, and <span class=\"xn-location\">Paris<\/span> is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late <span class=\"xn-person\">Abraham L. Pomerantz<\/span>, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2984231-1&amp;h=1762217069&amp;u=http%3A%2F%2Fwww.pomerantzlaw.com%2F&amp;a=www.pomerantzlaw.com\" rel=\"nofollow noopener noreferrer\">www.pomerantzlaw.com<\/a>.<\/p>\n<p>\n        <b>CONTACT:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Robert S. Willoughby<\/span><br \/>\n        <br \/>Pomerantz LLP<br \/><a target=\"_blank\" href=\"mailto:rswilloughby@pomlaw.com\" rel=\"nofollow noopener noreferrer\">rswilloughby@pomlaw.com<\/a>\u00a0<br \/>888-476-6529 ext. 7980<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC94232&amp;sd=2020-11-17\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc---zi-301174301.html\">http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc&#8212;zi-301174301.html<\/a><\/p>\n<p>SOURCE  Pomerantz LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC94232&amp;Transmission_Id=202011170400PR_NEWS_USPR_____DC94232&amp;DateId=20201117\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Nov. 17, 2020 \/PRNewswire\/ &#8212;\u00a0Pomerantz LLP is investigating claims on behalf of investors of\u00a0ZoomInfo Technologies, Inc. (&#8220;ZoomInfo&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: ZI).\u00a0Such investors are advised to contact Robert S. Willoughby at \u00a0newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether ZoomInfo and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On November 9, 2020, ZoomInfo announced that on November 5, 2020, the audit committee of the Company&#8217;s board of directors concluded that ZoomInfo&#8217;s Q2 2020 financial statements filed with the U.S. Securities and Exchange Commission should not be relied on.\u00a0ZoomInfo further disclosed that it would restate those results because it &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc-zi\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZoomInfo Technologies Inc. &#8211; ZI&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-382545","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZoomInfo Technologies Inc. - ZI - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc-zi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZoomInfo Technologies Inc. - ZI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Nov. 17, 2020 \/PRNewswire\/ &#8212;\u00a0Pomerantz LLP is investigating claims on behalf of investors of\u00a0ZoomInfo Technologies, Inc. (&#8220;ZoomInfo&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: ZI).\u00a0Such investors are advised to contact Robert S. Willoughby at \u00a0newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether ZoomInfo and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On November 9, 2020, ZoomInfo announced that on November 5, 2020, the audit committee of the Company&#8217;s board of directors concluded that ZoomInfo&#8217;s Q2 2020 financial statements filed with the U.S. Securities and Exchange Commission should not be relied on.\u00a0ZoomInfo further disclosed that it would restate those results because it &hellip; Continue reading &quot;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZoomInfo Technologies Inc. &#8211; ZI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc-zi\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-17T09:03:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC94232&amp;sd=2020-11-17\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc-zi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc-zi\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZoomInfo Technologies Inc. &#8211; 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(&#8220;ZoomInfo&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: ZI).\u00a0Such investors are advised to contact Robert S. Willoughby at \u00a0newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether ZoomInfo and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On November 9, 2020, ZoomInfo announced that on November 5, 2020, the audit committee of the Company&#8217;s board of directors concluded that ZoomInfo&#8217;s Q2 2020 financial statements filed with the U.S. Securities and Exchange Commission should not be relied on.\u00a0ZoomInfo further disclosed that it would restate those results because it &hellip; Continue reading \"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZoomInfo Technologies Inc. &#8211; ZI\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc-zi\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-17T09:03:10+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC94232&amp;sd=2020-11-17","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc-zi\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-zoominfo-technologies-inc-zi\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZoomInfo Technologies Inc. &#8211; 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