Institutional Investors Urged to Consider Lead Plaintiff Role in ZoomInfo Securities Class Action
Institutional investors holding shares of ZoomInfo Technologies, Inc. (NASDAQ: GTM) during the period from November 3, 2025 through May 11, 2026 are being urged to evaluate their potential as lead plaintiffs in a pending securities class action. The lawsuit alleges that company executives made misleading statements about revenue growth and product viability before disclosing a sharp decline in performance on May 11, 2026, which caused the stock price to drop by $1.98 per share—over 33%. This led to significant portfolio losses for institutional holders. The case is being filed under Section 10(b) of the Securities Exchange Act and Rule 10b-5, with claims also made against controlling persons under Section 20(a). The court has set August 24, 2026 as the deadline to apply for lead plaintiff status. Institutional investors are advised that serving in this role allows direct oversight of litigation strategy without out-of-pocket costs and historically results in better outcomes. The firm SueWallSt is offering institutional loss assessments and legal guidance through Joseph E. Levi, Esq., emphasizing fiduciary obligations and the potential to maximize recovery for beneficiaries.
Tickers: $ZI
Topics: class action GTM stock decline institutional investors ZoomInfo Technologies