Glancy Prongay Wolke & Rotter LLP reminds investors that August 24, 2026 is the deadline to file a lead plaintiff motion in a securities fraud class action against ZoomInfo Technologies Inc. The lawsuit covers investors who purchased or acquired ZoomInfo securities between November 3, 2025 and May 11, 2026. The complaint alleges that during that period, the company made materially false or misleading statements and failed to disclose that slowing seat-based demand, weakening upsells, and customers revising AI purchasing decisions made its 2026 full-year revenue guidance increasingly unlikely to be met. On May 11, 2026, ZoomInfo reported first-quarter results that included reduced revenue guidance, a realignment of its downmarket business, a 20% workforce layoff, and expected restructuring costs of approximately $45 million to $60 million, citing a trend of AI and agentic confusion in customer conversations. The stock fell $1.98, or 32.8%, to close at $4.06 per share on May 12, 2026.
ZoomInfo Technologies Inc.Securities fraud lawsuit alleges misleading statements and reduced guidance, causing stock drop.