Deadline to Lead in Securities Fraud Lawsuit Against ZoomInfo Technologies Inc. (ZI) – Contact Kaplan Fox & Kilsheimer LLP

Core Points - A class action lawsuit has been filed against ZoomInfo Technologies Inc. for securities losses incurred between November 10, 2020, and August 5, 2024 [1] - The lawsuit follows ZoomInfo's financial results for Q2 2024, which missed revenue and earnings guidance, leading to a $33 million charge due to revised estimates for collectability of previously recognized revenue [3] - Following the announcement, ZoomInfo's stock price dropped by $1.79, or over 18%, closing at $8.01 on August 6, 2024 [3] Financial Performance - ZoomInfo reported a $33 million charge in Q2 2024, which included $15 million reducing revenue, $14 million increasing bad debt expense, and $4 million in other expenses [3] - The charge was attributed to high-risk small business customers, indicating that the company's allowance for credit losses was inadequate [5] Legal Context - The complaint alleges that during the class period, the defendants deceived the investing public and artificially inflated the market price of ZoomInfo's stock [4] - Investors who suffered losses are encouraged to contact Kaplan Fox & Kilsheimer LLP for potential participation as lead plaintiffs [2]