A class action lawsuit has been filed against ZoomInfo Technologies, Inc. on behalf of shareholders who purchased securities between November 3, 2025 and May 11, 2026. The suit alleges the company made materially false or misleading statements about its growth trajectory, customer retention, and AI initiatives while concealing deterioration in its legacy seat-based subscription business and a shift by customers toward consumption-based pricing. On May 11, 2026, ZoomInfo disclosed a sharp decline in its growth outlook and cut full-year 2026 guidance, causing shares to fall $1.98, or approximately 33%, in a single session. The lead plaintiff deadline is August 24, 2026, and the law firm Levi & Korsinsky, LLP is handling the case.
ZoomInfo Technologies Inc.Company cut full-year 2026 guidance and faces class action lawsuit over alleged misleading statements about growth and customer retention.