#United States #New York #Class Action #Shareholders #ZoomInfo Technologies

Class Action Alert for ZoomInfo Technologies Inc. Shareholders

On July 28, 2026, The Gross Law Firm issued an important notice to shareholders of ZoomInfo Technologies Inc. (NASDAQ: GTM). This announcement particularly targets shareholders who acquired shares of the company during a specified class period. Investors who have experienced financial losses are being urged to come forward and consider leading the class action in the ongoing securities lawsuit against ZoomInfo. The law firm emphasizes that registering for this action is a crucial step and that one does not need to have been appointed as a lead plaintiff to participate in any potential recovery.

Background of the Allegations

The allegations detailed in the lawsuit suggest a troubling pattern of communication from the defendants. They reportedly released consistently positive statements about ZoomInfo's performance, while simultaneously concealing significant adverse information regarding the company’s growth dynamics. The complaint asserts that ZoomInfo Technologies misled investors concerning the true status of its operations, emphasizing a stagnating growth trajectory and declining customer retention rates, particularly within its lesser-performing market segments.

A stark revelation occurred on May 11, 2026, when ZoomInfo announced its first-quarter financial results, showcasing a concerning drop in growth forecasts and subsequently revising its total 2026 financial estimates downward. This revelation triggered a dramatic fall in the company’s stock price, plummeting from $6.04 per share on May 11 to $4.06 the next day—a staggering decline of approximately 33%.

Key Details for Shareholders

• - Class Period: The period in question spans from November 3, 2025, to May 11, 2026.
• - Deadline for Action: Shareholders keen on participating must act quickly, as the deadline to register as a lead plaintiff is set for August 24, 2026. It's essential for investors to register their interest without delay to secure their position in this class action.
• - Costs and Obligations: Importantly, participating in the case comes with no associated costs or obligations for those who register. Upon registering, investors will gain access to portfolio monitoring services that provide updates about the case's status throughout its lifespan.

Why Choose The Gross Law Firm?

The Gross Law Firm stands as a distinguished player in class action litigation, dedicated to safeguarding the rights of investors who have suffered due to deceptive practices or misconduct by corporations. Their goal is to ensure that companies operate responsibly, practicing good corporate governance while ensuring transparency with their investors. The firm is resolute in pursuing recoveries for investors misled by false representations or omissions pivotal to the true performance and outlook of a company.

For affected shareholders of ZoomInfo Technologies Inc., this is an opportune moment to seek justice and potentially recover losses incurred due to the company’s misleading statements. Interested shareholders can reach out to The Gross Law Firm for further details and instructions on how to proceed with their claim.

Contact Information

• - Address: The Gross Law Firm, 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

By banding together to challenge corporate malpractice, shareholders can take a stand against misleading business practices and work towards reclaiming their investments.