A securities fraud class action has been filed against ZoomInfo Technologies Inc. and certain senior executives, alleging the company misled investors about the impact of its AI-integrated products on customer retention. The lawsuit, pending in the U.S. District Court for the Western District of Washington, follows a 32.78% stock drop on May 12, 2026, after ZoomInfo slashed its 2026 revenue guidance from a range of $1.247 billion to $1.267 billion down to $1.185 billion to $1.205 billion and disclosed that customer growth had regressed due to AI and agentic confusion. Investors have until August 24, 2026 to seek lead plaintiff appointment. The case is captioned Tejeda v. ZoomInfo Technologies et al., No. 26-cv-05696.
ZoomInfo Technologies Inc.Securities fraud lawsuit alleges misleading statements about AI product impact on customer retention, following guidance cut and stock drop.