Faruqi & Faruqi reminds ZoomInfo investors of August 24 lead plaintiff deadline

Regulation
โดย GlobeNewswire·Read original
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Faruqi & Faruqi, LLP reminds investors who purchased ZoomInfo Technologies securities between November 3, 2025 and May 11, 2026 of the August 24, 2026 deadline to seek lead plaintiff appointment in a securities class action against the company. The lawsuit alleges ZoomInfo and its executives made false or misleading statements by failing to disclose slowing growth in its legacy seat-based subscription platforms, weakening customer retention in its downmarket segment, and the impact of customers shifting to consumption-based models and developing internal AI-driven solutions. On May 11, 2026, ZoomInfo announced sharply lower full-year 2026 guidance, a realignment of its downmarket business, a 20% workforce reduction, and expected restructuring costs of $45 million to $60 million, causing its stock to fall approximately 33% the next day. Investors who suffered losses may contact the firm to discuss their legal rights.

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Cloud & Digital Infrastructure · 1 stocks
ZoomInfo Technologies Inc.
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Securities class action lawsuit alleging false statements about slowing growth and customer retention, plus sharp guidance cut and restructuring.