#USA #New York #Securities #Bronstein #ZoomInfo

Legal Action Against ZoomInfo Technologies Inc.

On June 30, 2026, Bronstein, Gewirtz & Grossman LLC, a well-known law firm specializing in investor rights, announced that a class action lawsuit has been initiated against ZoomInfo Technologies Inc. The lawsuit accuses the company and certain of its executives of making misleading statements that allegedly harmed investors.

Allegations Against ZoomInfo

The complaint highlights serious allegations, claiming that throughout the specified class period from November 3, 2025, to May 11, 2026, the defendants provided false and misleading information regarding ZoomInfo's business operations. Specifically, the lawsuit points out that ZoomInfo misrepresented the state of its seat-based demand and downplayed negative trends affecting its business, such as declining upsell opportunities and deteriorating fundamentals across both its downmarket and upmarket segments.

Key aspects of the case outline claims that:

• - Defendants projected a positive growth narrative that included a hopeful revenue forecast of $1.247 billion to $1.267 billion for the full year of 2026, which they asserted was attainable.
• - The defendants failed to adequately disclose that their customers were increasingly transitioning to consumption-based models and were developing internal AI-driven solutions, which posed material risks to ZoomInfo’s financial health.

The lawsuit gained momentum after ZoomInfo reported its disappointing Q1 2026 results on May 11, 2026, slashing its full-year revenue guidance by approximately $62 million. This news triggered a significant decline in the company’s stock price, which plummeted from $6.04 to $4.06 the very next trading day, reflecting a nearly 33% drop in value.

What Lies Ahead for Investors?

Investors who have suffered losses due to the alleged actions of ZoomInfo are encouraged to join the class action. They are urged to visit the law firm’s website at bgandg.com/GTM to obtain more information and review the specifics of the complaint. Potential lead plaintiffs must act by August 24, 2026, to have their voices heard in court. However, it is essential to understand that participating in the lawsuit does not necessitate serving as a lead plaintiff to recover losses.

No Costs for Investors

Bronstein, Gewirtz & Grossman LLC operates on a contingency fee basis, which means investors will not have to pay any upfront costs. Instead, the firm will request reimbursement for reasonable expenses and attorney fees only if they successfully recover damages for the investors.

Why Choose Bronstein, Gewirtz & Grossman LLC?

As a nationally recognized firm, Bronstein, Gewirtz & Grossman LLC has a proven track record in representing investors in securities fraud cases and shareholder derivative actions. Their history reflects a significant recovery of hundreds of millions of dollars for affected investors across the United States. Peretz Bronstein, Founding Partner of the firm, emphasizes their commitment to restore investor capital and ensure corporate responsibility, which strengthens the essential integrity of the marketplace.

Stay Updated

For ongoing updates and further information about the case, interested parties can follow Bronstein, Gewirtz & Grossman LLC on social media platforms, including LinkedIn, X, Facebook, and Instagram.

For inquiries, investors may contact Peretz Bronstein, Esq. or Nathan Miller at 917-590-0911. This case serves as a reminder of the importance of due diligence and transparency in corporate communications, particularly as it pertains to investors' financial security.