The notice targets investors who bought shares between November 3, 2025 and May 11, 2026 after ZoomInfo cut its 2026 outlook and the stock fell about 33%.
Gross Law Firm issued a shareholder notice for ZoomInfo Technologies Inc. investors who bought GTM shares from November 3, 2025 to May 11, 2026, outlining an August 24, 2026 deadline to seek appointment as lead plaintiff in a securities class action. The complaint alleges defendants gave investors highly positive messaging while concealing adverse facts about slowing growth, legacy seat-based subscription platforms, weaker customer retention in the downmarket segment, and customer shifts toward consumption-based usage models and internal AI-driven go-to-market tools. The filing points to May 11, 2026, when ZoomInfo reported first-quarter 2026 results, disclosed a sharp decline in growth outlook, and lowered full-year 2026 financial guidance. ZoomInfo shares then fell from $6.04 at the May 11 close to $4.06 on May 12, a drop of about 33%. The firm said investors do not need to become lead plaintiff to share in any potential recovery.