Advanced Series Trust v. ZoomInfo Technologies Inc

What this case is about

This lawsuit was filed against ZoomInfo Technologies, a company that provides business intelligence and contact data subscription services. The plaintiffs, acting on behalf of a proposed class of investors or subscribers, allege that ZoomInfo made misleading statements or engaged in conduct that harmed members of the class. The case appears to involve concerns about the company's business practices, financial disclosures, or the nature of its services as offered to customers or investors. The proposed class likely includes individuals or entities who purchased ZoomInfo securities or subscriptions during a defined period and suffered financial harm as a result of the alleged misconduct. The exact nature of the claims centers on the company's representations about its products, services, or financial performance.

What happens next

The case is in its earliest stage. The defendant has not yet responded. Class certification — the court's decision on whether the case can proceed as a class action — typically takes 12 to 24 months after filing. See our FAQ for how class actions work and what it means to be a class member.

Source: CourtListener docket entry. This summary was generated automatically from the public docket and has not been reviewed by an attorney. It may contain errors and may not reflect subsequent filings. Published by Access Law Group; responsible attorney Bogdan Enica, Esq..