Overview

A class action lawsuit has been filed against ZoomInfo Technologies Inc. (“ZoomInfo” or the “Company”) (NASDAQ : GTM), and certain of the Company’s senior officers (collectively, “Defendants”), alleging violations of the federal securities laws. The ZoomInfo lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired ZoomInfo securities between November 3, 2025, and May 11, 2026, inclusive (the “Class Period”). Investors have until August 24, 2026, to seek appointment as lead plaintiff of the ZoomInfo class action lawsuit.

ZoomInfo provides business intelligence and sales enablement software, offering customers access to extensive business contact databases, sales automation tools, and AI-powered go-to-market solutions.

Throughout the Class Period, Defendants assured investors that ZoomInfo’s migration to AI-powered products was progressing successfully. Executives stated that customer penetration of Copilot was meeting or exceeding expectations, that enterprise customers were embracing AI-driven workflows, and that the Company was positioned to benefit from increasing demand for AI-enabled sales and marketing solutions. Management also emphasized operational efficiencies achieved through internal AI adoption and suggested that the Company could continue expanding without significant incremental investment.

According to the complaint, these statements were materially false and misleading. In truth, ZoomInfo’s optimistic plan for continued growth was undermined by slowing seat-based demand, weakening upsells and customers revising decisions to purchase AI products and develop internal AI-driven go-to-market solutions, making ZoomInfo’s 2026 full year revenue guidance increasingly unlikely to be met. Defendants misled investors by providing the public with materially flawed statements of confidence and growth projections which did not account for these variables.

The truth was revealed on May 11, 2026, when ZoomInfo announced first-quarter 2026 financial results and significantly reduced its revenue guidance for both the second quarter and the full fiscal year. The Company disclosed a substantially weaker growth outlook than previously represented, contradicting prior assurances regarding the strength of its core software business and AI-driven growth initiatives.

On this news, ZoomInfo’s stock price fell from $6.04 per share on May 11, 2026, to $4.06 per share on May 12, 2026, a decline of approximately 33%.

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If you purchased or otherwise acquired ZoomInfo securities between November 3, 2025, and May 11, 2026, and you wish to serve as lead plaintiff in this lawsuit, you are encouraged to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt attorneys Brian O’Mara and Hani Farah by calling (888) 287-9005 or at investors@dicellolevitt.com. 

The deadline to apply to the Court to serve as a lead plaintiff in the ZoomInfo class action lawsuit is August 24, 2026.