Bronstein, Gewirtz & Grossman Files Class Action Against ZoomInfo Alleging Investor Harm

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Bronstein, Gewirtz & Grossman has filed a class action lawsuit against ZoomInfo Technologies and certain officers, alleging securities law violations. The suit covers investors who purchased or acquired ZoomInfo securities between November 3, 2025 and May 11, 2026. The complaint claims the company made false and misleading statements about slowing seat-based demand, weakening upsell opportunities, and deteriorating fundamentals, while touting full-year 2026 revenue guidance of $1.247 to $1.267 billion and Copilot penetration progress. On May 11, 2026, ZoomInfo reported first quarter results and cut its full-year revenue guidance by approximately $62 million, causing its stock to drop from $6.04 per share to $4.06 per share, a decline of about 33%. Investors have until August 24, 2026 to seek lead plaintiff appointment.

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Cloud & Digital Infrastructure▼ · 1 stocks
ZoomInfo Technologies Inc.
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Class action lawsuit alleging securities law violations and false statements about demand and guidance.