Kaplan Fox Encourages ZoomInfo Technologies Inc. (GTM) Investors to Contact the Firm Before the Lead Plaintiff Deadline on August 24, 2026

Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. ("ZoomInfo" or the "Company") (NASDAQ: GTM) on behalf of investors that purchased or otherwise acquired ZoomInfo securities between November 3, 2025 and May 11, 2026 (the "Class Period").

On May 11, 2026, after the market closed, ZoomInfo reported its first quarter 2026 financial results. The Company reduced its 2026 revenue guidance from a range of $1.247 - $1.267 billion to $1.185 - $1.205 billion. During the subsequent earnings call, Chief Executive Officer Henry Schuck stated that "[i]n the closing days of March and into April, [the Company] saw a trend of AI and agentic confusion," which led to "a pause in purchasing decisions." According to the complaint, the Company also announced restructuring costs of $45 million to $60 million and that it would be laying off 20% of its workforce. Following this news, on May 12, 2026, the price of ZoomInfo stock fell $1.98 per share, nearly 33%, to close at $4.06 per share.

The complaint alleges that throughout the Class Period Defendants created the false impression that they possessed reliable information pertaining to the Company's projected revenue outlook and anticipated growth of its legacy and emerging AI-driven products, core software business and sustained improvement in net revenue retention. Further, the complaint alleges that, in truth, ZoomInfo's optimistic plan for continued growth was undermined by slowing seat-based demand, weakening upsells and customers revising decisions to purchase AI products and develop internal AI-driven go-to-market solutions, making ZoomInfo's 2026 full year revenue guidance increasingly unlikely to be met.