Robbins LLP highlights ZoomInfo class action over 2026 outlook claims

The case covers investors who bought ZoomInfo securities between November 3, 2025 and May 11, 2026, with a lead plaintiff deadline of August 24, 2026.

Summary

Robbins LLP said a class action has been filed on behalf of investors who purchased or otherwise acquired ZoomInfo Technologies Inc. securities between November 3, 2025 and May 11, 2026. The complaint alleges defendants misled investors about ZoomInfo’s fiscal 2026 growth prospects, including projected revenue, expected expansion of legacy and AI-driven products, the core software business, and sustained improvement in net revenue retention. It also alleges the company concealed slowing growth, pressure on its legacy seat-based subscription platforms, weakening customer retention in its down-market segment, and a shift by customers toward consumption-based usage models and internal AI-driven go-to-market solutions. The filing says ZoomInfo disclosed first-quarter 2026 results on May 11, 2026, cut its full-year 2026 financial guidance after a sharp decline in growth outlook, and saw its stock fall to $4.06 on May 12, 2026. Shareholders seeking to serve as lead plaintiff must file with the court by August 24, 2026.

Terms & Concepts
  • net revenue retention: A measure of how existing customer revenue changes over time
  • consumption-based usage models: Pricing tied to how much a customer uses a product
  • lead plaintiff: The investor who represents the class in directing the case