ZoomInfo investors face Aug. 24, 2026 lead plaintiff deadline in GTM class action

Institutional investors that held ZoomInfo Technologies, Inc. securities during the Nov. 3, 2025 through May 11, 2026 period are being urged to assess whether to seek lead plaintiff status in a pending securities class action, with the court setting Aug. 24, 2026 as the deadline. The case, filed in the United States District Court for the Western District of Washington, alleges that ZoomInfo and certain officers made materially misleading statements about the company’s revenue trajectory, customer retention and the commercial viability of its AI-driven product transition. The release says GTM shares fell about 33%, or $1.98 per share, after ZoomInfo disclosed a sharp decline in its 2026 growth outlook and cut full-year guidance, with the stock dropping from $6.04 to $4.06 on May 11, 2026. The complaint asserts claims under Section 10(b) of the Securities Exchange Act of 1934, Rule 10b-5 (U.S. anti-fraud securities rule) and Section 20(a) controlling person liability.

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