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Kuehn Law Encourages Investors of ZoomInfo Technologies, Inc. to Contact Law Firm
Prnewswireยท 2025-10-30 17:55
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of ZoomInfo Technologies, Inc. related to misrepresentation of the company's financial and operational results due to the effects of the COVID-19 pandemic [1] Summary by Relevant Sections Financial Misrepresentation - ZoomInfo's financial results were allegedly inflated by temporary demand increases during the COVID-19 pandemic, leading to a misrepresentation of the company's actual performance [1] - The lawsuit claims that ZoomInfo's reported revenues, operating income, and customer retention metrics were materially overstated [1] Customer Base Concerns - A significant portion of ZoomInfo's existing customers were reportedly attempting to reduce their usage or abandon the product altogether [1] - The company allegedly employed manipulative auto-renew policies and threats of litigation to retain customers against their will, damaging customer relationships and competitive advantages [1] Future Implications - The coercive tactics used by ZoomInfo are said to have created a hidden demand cliff for future customer contract renewals, indicating potential challenges in sustaining revenue growth [1]