ZoomInfo Faces Class Action Over Alleged Investor Misleading
Law firm Robbins LLP is investigating a class action lawsuit against ZoomInfo Technologies Inc., alleging the company misled investors about its growth prospects between November 2025 and May 2026.
Robbins LLP is investigating claims that ZoomInfo Technologies Inc. misled investors regarding its business prospects. A class action lawsuit has been filed on behalf of investors who purchased or acquired ZoomInfo securities between November 3, 2025, and May 11, 2026.
The lawsuit alleges that during the class period, ZoomInfo provided investors with misleadingly positive statements about its growth potential, revenue outlook, and anticipated growth of its products. These statements were allegedly made while the company was aware of, but concealed, material adverse facts concerning its slowing growth, issues with its legacy platforms, and weakening customer retention.
Specifically, the complaint claims that ZoomInfo downplayed concerns about customers shifting to consumption-based models and developing their own AI solutions. The situation culminated on May 11, 2026, when ZoomInfo announced its first-quarter financial results, significantly lowering its full-year 2026 financial guidance. Following this announcement, ZoomInfo's stock price fell sharply.
Robbins LLP urges any stockholders who lost money on their investment in ZoomInfo to contact the firm. Shareholders who wish to serve as lead plaintiff must file their papers with the court by August 24, 2026. Representation is on a contingency fee basis, meaning clients pay no fees or expenses.