Levi & Korsinsky, LLP has filed a securities class action lawsuit against ZoomInfo Technologies Inc. on behalf of investors who purchased or acquired ZoomInfo securities between November 3, 2025 and May 11, 2026. The complaint alleges that the company made materially false and misleading statements and concealed adverse facts about its slowing growth, legacy seat-based subscription platforms, and weakening customer retention in its downmarket segment, while also downplaying customer shifts to consumption-based models and internal AI-driven solutions. On May 11, 2026, ZoomInfo announced first quarter 2026 results with a sharply lower growth outlook and reduced full-year guidance, causing its stock price to fall from $6.04 per share to $4.06 per share on May 12, 2026, a decline of about 33%. Investors have until August 24, 2026 to seek appointment as lead plaintiff in the case, which is pending in the United States District Court for the Western District of Washington under case number 3:26-cv-05696.
ZoomInfo Technologies Inc.Securities class action lawsuit alleging false statements about growth and customer retention, leading to stock drop.