Competing law-firm notices cite claims that ZoomInfo misled investors on 2026 growth, customer retention and AI demand before cutting revenue guidance; the stock fell 32.78% to $4.06 on May 12, 2026.
ZoomInfo Technologies Inc. is the subject of securities class action claims on behalf of investors who bought securities between Nov. 3, 2025 and May 11, 2026, alleging the company and certain executives misled investors about fiscal 2026 growth, customer retention, legacy subscription trends and demand for AI-integrated products. The complaints say ZoomInfo expressed confidence in its revenue outlook, core software business, net revenue retention and AI-driven growth, including Feb. 9, 2026 guidance of $1.247 billion to $1.267 billion, while allegedly concealing slowing growth in seat-based subscriptions, weakening downmarket retention, customer shifts toward consumption-based models and resistance or confusion around AI offerings. On May 11, 2026, ZoomInfo reported first-quarter 2026 results, lowered full-year revenue guidance to $1.185 billion to $1.205 billion, and said customer growth had “regressed” amid “AI and agentic confusion” that paused purchasing decisions. The shares fell $1.98, or 32.78%, from $6.04 to $4.06 on May 12, 2026. One filing identified in the notices is Tejeda v. ZoomInfo Technologies et al., No. 26-cv-05696, in the U.S. District Court for the Western District of Washington; investors have until Aug. 24, 2026 to seek appointment as lead plaintiff, according to the announcements.