#USA #New York #Gross Law Firm #Securities Class Action #ZoomInfo Technologies

Important Notice to ZoomInfo Technologies Shareholders

Investors in ZoomInfo Technologies Inc. (NASDAQ: GTM) are urged to take note of a significant update regarding a class action lawsuit. The Gross Law Firm has issued a notice calling attention to shareholders who purchased shares during the specified class period from November 3, 2025, to May 11, 2026. This period is crucial as it marks the time when the allegations against the company's management arose, claiming that misleading information was provided to investors.

Background on Allegations

The complaint alleges that ZoomInfo’s executives made positive statements regarding the company’s performance while simultaneously concealing critical issues related to slowing growth, troubles with their legacy subscription models, and diminishing customer retention rates within their lower market segments. Further compounding these issues was the company’s apparent negligence in acknowledging a shift towards consumption-based models as customers began to develop their internal AI-driven market solutions.

A significant turning point occurred when ZoomInfo announced its first quarter financial results for 2026 on May 11, which revealed a stark decline in growth expectations. The company’s downward adjustment of its financial forecasts notably shocked investors, resulting in a steep plummet in stock price. From a closing value of $6.04 per share, the stock fell to $4.06 the next day—a 33% decrease, indicating a troubling trend that investors were not made aware of.

Class Action Participation

Shareholders who believe they have been affected by these events are strongly encouraged to register their interest in being part of the class action. This registration allows affected investors to potentially seek lead plaintiff status, although it is not a requirement to participate in any recovery the firm aims to achieve. Interested individuals can complete their registration through the firm's dedicated page.

Upcoming Deadlines

The deadline for shareholders to register for the class action is August 24, 2026. It is crucial that investors do not delay in taking this step, as involvement in the case ensures that they are kept updated on the status of the proceedings through portfolio monitoring services provided by the Gross Law Firm.

Role of the Gross Law Firm

The Gross Law Firm specializes in class action lawsuits, having a proven history of representing investors who have faced losses due to deceptive business practices. Their efforts are aimed at holding companies accountable for misleading statements that lead to stock inflation, thereby compromising investor trust and financial stability.

The firm’s commitment to corporate accountability establishes it as a vital ally for those who feel misled by corporate practices. With this legal support, affected shareholders can work toward recovering their losses attributed to the alleged misconduct surrounding ZoomInfo’s financial disclosures.

Contact Information

For additional inquiries, shareholders can reach out to the Gross Law Firm directly:

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

In conclusion, ZoomInfo Technologies’ shareholders should act promptly to ensure their rights are protected and that they are adequately represented in this upcoming class action. The evolving situation necessitates vigilance and proactive measures from all investors who participated in the stock during the significantly impacted periods.