ZoomInfo investors face lead-plaintiff deadline in securities fraud case
A PR Newswire notice says investors with losses in ZoomInfo Technologies securities may seek to serve as lead plaintiff in a securities fraud class action.
A PR Newswire notice from Glancy Prongay Wolke & Rotter LLP says investors who lost money in ZoomInfo Technologies, Inc. securities may seek to serve as lead plaintiff in a securities fraud class action. Any motion to lead the case must be filed by Aug. 24, 2026.
The press release says no class has been certified yet, and the claims remain allegations in a filed complaint rather than a court finding.
According to the release, the complaint covers statements and omissions between Nov. 3, 2025, and May 11, 2026. It alleges that defendants made materially false or misleading statements and failed to disclose adverse facts about ZoomInfo’s business, operations and prospects.
The press release says the alleged problems included slowing seat-based demand, weakening upsells and customers revising decisions to buy AI products or build internal AI-driven go-to-market tools. It says those conditions made ZoomInfo’s 2026 full-year revenue guidance increasingly unlikely to be met.
The notice also says the release alleges positive statements about ZoomInfo’s business, operations and prospects were materially misleading or lacked a reasonable basis. The press release does not describe a response from ZoomInfo.
Glancy Prongay Wolke & Rotter LLP published the notice on Aug. 19, 2026. The firm said investors who wish to seek lead-plaintiff status must move the court by Aug. 24, 2026. The notice also gives contact information for the firm.
Lead plaintiff is the investor or group the court may appoint to direct the case on behalf of the class. The release says any investor seeking that role should act before the deadline. It also says the case has not yet produced a certified class.
What happens next depends on whether investors file motions by the deadline and how the court handles the case. The notice does not provide a hearing date or any ruling on the claims.
Sources
Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
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