ZoomInfo class action faces Aug. 24, 2026 lead plaintiff deadline

Investors who bought ZoomInfo Technologies, Inc. securities between Nov. 3, 2025 and May 11, 2026 have until Aug. 24, 2026 to seek appointment as lead plaintiff (court-appointed class representative) in a federal securities class action promoted by Faruqi & Faruqi, LLP. The complaint alleges ZoomInfo and certain executives misled the market about slowing growth in its legacy seat-based subscription business, weaker customer retention in the downmarket segment, and the risk that customers were shifting to consumption-based usage models (pricing based on actual use) while building internal AI-driven go-to-market tools. The claims center on May 11, 2026, when ZoomInfo reported first-quarter 2026 results, cut its full-year guidance, said it was realigning its downmarket business, announced layoffs affecting about 20% of staff, and projected roughly $45 million to $60 million in restructuring costs; the stock fell $1.98, or about 33%, to $4.06 on May 12, 2026.

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ZoomInfo class action faces Aug. 24, 2026 lead plaintiff deadline - CoinPost Terminal