Lost Money on ZOOMINFO TECHNOLOGIES, INC. (GTM)? Join Class Action Suit Seeking Recovery - Contact SueWallSt
NEW YORK, Aug. 11, 2026 (GLOBE NEWSWIRE) -- SueWallSt highlights the contrast between ZoomInfo Technologies, Inc.'s (NASDAQ: GTM) promises to investors and the results that actually materialized. Shareholders who purchased GTM securities between November 3, 2025 and May 11, 2026 and suffered losses may be entitled to compensation. Find out if you could qualify to recover your per-share losses or contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888) SueWallSt.
GTM shares fell $1.98 per share, a decline of approximately 33%, after the Company revealed a sharp decline in its growth outlook and cut full-year 2026 guidance. The lead plaintiff deadline is August 24, 2026.
The Promise
Across earnings calls and investor conferences from November 2025 through February 2026, the Company projected confidence at every turn:
The Reality
On May 11, 2026, ZoomInfo announced Q1 2026 results that shattered these projections. The Company disclosed a sharp decline in its growth outlook and lowered full-year 2026 financial guidance. The stock collapsed 33% in a single trading session.
The Numbers: Promised vs. Actual
What the Lawsuit Alleges About the Gap
The securities action contends that this was not simply a case of missed forecasts. The complaint charges that management knew the legacy seat-based subscription business was deteriorating, that customers were migrating to consumption-based usage models, and that downmarket retention was weakening. Rather than disclose these material trends, the Company allegedly painted an overwhelmingly positive picture of AI-driven transformation and sustained growth.
"Companies that make specific promises to investors about future performance have an obligation to disclose known risks to those projections. When the gap between promise and reality is this stark, serious questions arise about what was known internally and when." -- Joseph E. Levi, Esq.
Submit your information here or call Joseph E. Levi, Esq. at (888) SueWallSt.
LEAD PLAINTIFF DEADLINE: August 24, 2026
WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the GTM Lawsuit
Q: What specific misstatements does the GTM lawsuit allege? A: The complaint alleges ZoomInfo made materially false or misleading statements regarding its growth trajectory, the health of its legacy seat-based subscription platforms, customer retention trends, and the AI initiatives, and the health of its legacy seat-based business. When the true state was revealed on May 11, 2026, the stock price declined 33%.
Q: How much did GTM stock drop? A: Shares fell approximately 33%, a decline of $1.98 per share, after the Company disclosed a sharp decline in growth outlook and lowered its 2026 full-year financial guidance. Investors who purchased shares during the class period at artificially inflated prices may be entitled to compensation.
Q: What do GTM investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Contact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost, no-obligation case evaluation at jlevi@levikorsinsky.com or (212) 363-7500. No immediate action is required to remain eligible as an absent class member.
Q: What if I already sold my GTM shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: What is the GTM lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is August 24, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@SueWallSt.com
Tel: (888) SueWallSt
Fax: (212) 363-7171
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